On Thursday afternoon I had Ronald Dodson on the podcast for the first time. He runs a hedge fund in Texas, but also publishes on The American Mind for the Claremont Institute, Responsible Statecraft, and American Reformer. We talked about America’s recent adventures in the Middle East, what it means for markets, the problems Trump is facing with messaging and the midterms, and the increasing bifurcation of financial markets in a multipolar world. You can find Ron when he publishes, but he’s also worth a follow on Twitter and on Substack.
Podcast Summary
The idea that the recent adventure in Iran could be the Suez moment for the US.
His critique of America’s role in recent events, what is going on in Lebanon, and
The level of the S&P as a matter of national security.
Dutch disease in the US with the dollar, and the hyperfinancialization of the system.
Why the current financial system is toast on a long enough timeframe, and the potential for debt monetization.
Why Europe will hit a crisis point before the US, and the built in advantages that the US has as far as geography and resources.
China’s weakness as far as supply chains and reliance on shipping lanes, and why China and Russia are natural rivals.
Why Taiwan will eventually be a part of China.
The bifurcation of commodities and financial markets, and the different spheres of influence in a multipolar world.
The messaging problem that the Trump administration has.
Why impeachment is coming early next year, and why Trump might get convicted.
The upcoming midterms, and why the Democrats are the best asset the Republicans have in potentially avoiding a bloodbath.
Why the CIA and the FBI need to be overhauled.
The deep state, Epstein, and other information that is still being hidden.
Why the US has a chance for a golden age in a couple decades, but only if we can navigate the next decade.
Book Recommendations: The Name Of The Rose by Umberto Eco and The Forever War by Joe Haldeman.
