Balaji draws a parallel between the disintegration of the Soviet Union and the current trajectory of Western decline, emphasizing ethnic fragmentation and the loss of economic primacy.
View full episode →“Ethnic majorities will reassert themselves after the collapse of a multinational empire.”
“The US’s reliance on the dollar as a global tax base makes its empire unsustainable, mirroring the Soviet economic overextension.”
“Western sovereign‑debt crisis is driving massive capital flight to China”