Balaji argues that institutions forged after 1950--UN, World Bank, the whole post-war order--were built on a Western-centric economic base that has now evaporated, making them increasingly irrelevant.
View full episode →“Dollar inflation functions as a global tax that funds American prosperity beyond its productive capacity.”
“Losing the reserve‑currency status would cause a catastrophic drop in US living standards.”
“US debt and unfunded liabilities (~$175 trillion) are unsustainable, pointing toward a sovereign debt crisis.”