On the whole, most presidential administrations have limited awareness of things like demographics, trade, geopolitics, and industrial policy. Naturally, government officials view things through a narrow lens corresponding to their background, such as business or academia. So, that's the baseline here.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/3UuDIvr

Global trade was once fragmented into many regional economies. Goods like spices traveled overland through countless intermediaries before reaching the gateway cities of Venice, Genoa, Pisa, and Amalfi. So, what can we learn from the glory days of the spice trade?

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4dnPf63

Project Vault, the Trump administration's initiative to stockpile critical minerals, is just a small step in the right direction. Sure, buying mineral-rich waste helps the U.S. build reserves, but it's a classic case of giving the man a fish vs. teaching him how to fish.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4xOUjZt

If China and Russia are so buddy-buddy now, why don't they build pipelines across Siberia to bypass the Persian Gulf? There are more issues than I can cover in this video, but here are a couple...

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/3SuRttr

Ukraine has created a system to determine which ships belong to the shadow fleet and which belong to one of the major companies. By sourcing ship identities, transponder data, routes, and ports from these companies, Ukraine can strike unidentified vessels with a high degree of confidence.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4cs4P09

The U.S. Strategic Petroleum Reserve (SPR) was created in the 70s as a safeguard against major disruptions in oil imports. Well, those 700 million barrels were never used for its intended purpose.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4AbUQGC

While oil is still moving through the Strait of Hormuz, flows remain a fraction of pre-war levels.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter:

You know what happens when you do exactly what the Chinese government tells you to do? You get sentenced to life in prison. That just happened to Evergrande's former chairman, and it tells you everything you need to know about China's failing real estate system.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4c8Jhpi

A leaked Moscow memo stated that Russian air defenses are being concentrated around the Kremlin. This leaves the broader Moscow region, including refineries and key infrastructure, vulnerable to Ukrainian attacks.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/4cJ7y5m

Crippling one of the world's most deeply integrated manufacturing systems probably isn't a great idea, but here we are again.

Join the Patreon here: https://www.patreon.com/PeterZeihan

Full Newsletter: https://bit.ly/3UYvZ8M