Something a little different today on Steel on Steel. It's important to understand the economic landscape, not only in this country but also globally. Politics and economics are inextricably linked. So today, we play a recent episode of the McAlvany Weekly Commentary with Dave McAlvany and Kevin Orrick (mcalvanyweeklycommentary.com). They discuss myriad geo-economic issues, including digital currency as a threat to traditional currency, the People's Bank of China and Ali Baba, the Ukraine-Russia dynamic and the dealings that President Biden and his son have had in that arena, oil pipelines in Ukraine and Eastern Europe, and the dollar compared to Chinese currency.
There are two countries in the world right now vying to be the most powerful – the United States and the People's Republic of China. Brian Kennedy (www.presentdangerchina.org), Chairman of the Committee on the Present Danger: China, joins us to look at the difference between our two presidential candidates when it comes to China relations, election interference by not only China but also Russia (and who it is they prefer), and the overall battle between us and China for global supremacy.
We look at the geopolitics of the energy markets – the U.S. has finally gotten to the point where we are able to sell energy to the rest of the world. The U.S. also needs to be prepared for this showdown with China and not be caught short like so many times in the past.