Episode 0117 - Will China Become the New Global Power?

China is an enormously important country with a highly productive population but has a culture of authoritarianism and an absence of complete liberty and property rights.  America on the other hand has a culture of liberty and property but is becoming less productive and more authoritarian.  In short, we are in the process of trading places with respect to the roles each country plays in the global geopolitical and economic world today.  Join me today as we look at this phenomenon under the backdrop of what Ray Dalio sees as the upcoming challenges occurring behind the scenes within the two governments. Technology, geopolitical influence, financial, and military power are all at stake during the rise of China.