How Coronavirus Is Accelerating the End of Globalism, Feat. Peter Zeihan

The American-led global order has been unraveling for 30 years, and COVID-19 may be the blow that changes it once and for all.

AccessTimeIconApr 1, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 8:24 a.m. UTC
AccessTimeIconApr 1, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 8:24 a.m. UTC
AccessTimeIconApr 1, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 8:24 a.m. UTC

“Some countries just aren’t going to emerge from the coronavirus.”

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Peter Zeihan is one of the world’s foremost geopolitical experts. In his new book “Disunited Nations: The Scramble for Power in an Ungoverned World,” Zeihan argues we’re at the end of the largest expansionary period in human history. As America withdraws from global leadership, a totally new (and for most parts of the world, more painful) "normal" will emerge. 

On this episode of The Breakdown, Zeihan joins @NLW to discuss why the coronavirus crisis is rapidly accelerating the end of the era of globalization.

  • How the American-led global order used the dollar as the tool to keep the world together 
  • Why geopolitics and demography are coinciding to end the era of globalization 
  • Why the coronavirus will spark a massive return of American manufacturing 
  • Why, when it comes to the dollar’s status as the world’s reserve currency, “Never before has the “exorbitant privilege” of being the world’s reserve currency felt more exorbitant or more like a privilege. 
  • Why the crisis could spell the end for the euro 
  • Why China isn’t nearly as well positioned in the post globalization era as many assume 
  • Why the best positioned countries in the coming era are the U.S., Japan, Argentina, France and Turkey

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.