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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.

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

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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

See also: Cronyism, Zombie Companies and the True Cost of the Coronavirus, Feat. Morgan Creek's Mark Yusko

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.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore