The world is transitioning from a unipolar geopolitical order dominated by the US to a multipolar order, and the US is unable to hold its position, leading to increased conflicts, wars, and sanctions that are inflationary.

causalpending

Speaker

Felix Zulauf

Evidence Quote

We are witnessing the change in the geopolitical order, the world order. We go from a unipolar order to a multipolar order. The US is trying to defend its position and and it cannot and he cannot hold on and that leads to conflicts and wars and sanctions etc. And that's what we are seeing and wars are inflationary, sanctions are inflationary and therefore we have rising inflation.

Source

Jeffrey Gundlach and Felix Zulauf: The Second Inning of a Major ShiftDoubleLine Capital
Created: 8/12/2026, 6:25:56 PM

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