For decades, American politicians have blamed China for the decline of U.S. manufacturing. But what if they're blaming the wrong country?
In this wide-ranging conversation, Dr. Warwick Powell joins Carl Zha to explain why America's economic crisis is rooted in its own financial system—not in Beijing.
They discuss:
- Why tariffs haven't revived American industry
- The Strait of Hormuz crisis and its impact on the global economy
- Trump's economic strategy and the limits of trade wars
- Shareholder capitalism versus productive industry
- Why Wall Street and Main Street have fundamentally different interests
- China's industrial strategy and why it continues to outperform Western economies
- Why blaming China won't solve America's structural problems
Dr. Powell argues that the United States must first make peace with itself before it can find peace with the rest of the world.