The Jay Martin Show

The Dollar's Final Decade? China's Rise vs. America's Fall


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On this episode of The Jay Martin Show, world-renowned economist Jeffrey Sachs unpacks the long-term shifts reshaping the global order—from the end of Western dominance to the rise of China and the multipolar world emerging in its wake. Sachs offers a rare century-scale perspective on trade wars, technological competition, and U.S. debt vulnerability, challenging conventional narratives and calling for a mindset shift in Western geopolitics. He also shares insights from his advisory work in Southeast Asia and his views on China's Belt and Road Initiative, arguing it's a misunderstood force for global development.


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0:00 – What Do People Misunderstand About the U.S.-China Conflict?

6:39 – Is This Just the Natural Rise and Fall of Empires?

14:27 – Why the West Misjudged China’s Rise

24:54 – Are Tariffs Just a Sideshow?

39:32 – Is Southeast Asia the Next Battleground?

47:24 – Could Losing the Dollar Trigger U.S. Panic?

55:05 – Is the Belt and Road Initiative a Global Growth Engine or a Trap?

59:05 – Is Indonesia Returning to Its Authoritarian Past?


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