The rise of China as a new power in the International System and the inability of the US to accommodate it in a mutually stable way represents potentially the end of the world in economic terms—the incineration of all retirement accounts and portfolios, not just deaths in conflicts.
forecastpending
Speaker
Unidentified Speaker — Historian Stephen Kotkin: On USA vs China power competition… [L0CtlO49ad4]Evidence Quote
“we're talking about potentially the end of the world we're not talking about 3,000 deaths or 10,000 deaths or 250,000 deaths we're talking about the incineration of all your portfolios you got retirement accounts they're gone they're vaporized”
Source
Historian Stephen Kotkin: On USA vs China power competition, American advantages, and more (1/3)— Asia Observer + InsightsCreated: 8/10/2026, 1:21:27 PM
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