Alastair Campbell

That's one story.

And the other story is they're in real trouble.

Their population is declining.

They're getting old.

There's youth unemployment.

All the shops and restaurants are shut in Shanghai.

The property sector has collapsed.

China's about to hit the kind of wall that Japan hit in 1990.

What's your instincts on this?

How do you think about a world?

Put in really brutal terms, are you imagining a world where in 20 years' time, China is wealthier and more powerful in the U.S.

or less wealthy and powerful in the U.S.

?

Okay, well, then that maybe shifts us off the US-European focus that we have.

Talk us a little bit about India-China relations and whether that couldn't be the possible spark of a conflict.

Arnie, homies, I can see big problems coming there.

The Chinese economy at the moment, they've got big oil reserves, but it will begin to hurt them.

They get a lot of their oil from the Middle East and they are a manufacturing economy that depends a great deal on this stuff.

And the South Korean economy, the Japanese economy, a lot of the Asian economies are now under strain because of what's happening there.

At some point, I can imagine a situation where senior Chinese leaders say enough, right?