Dr. Alan O'Sullivan

And we get into reasons why that is the case.

But fundamentally, Mr. Trump arose because of that hollowing out of the U.S.

middle class manufacturing base, which is directly linked to

to China joining the WTO, ascension to the WTO, World Trade Organization in 2001, all those jobs being pushed over to China, China pushing cheap products into the marketplace.

We're starting to see the ramifications of that today.

And we get into how that plays out.

Absolutely, right?

I mean, you hit the nail on the head.

Geopolitics, at the nub of geopolitics is nationalism and national capitalism.

So what I mean by that is that we've spoken to the likes of Professor Russell Napier.

So we could see competition, not just only in production, supply chains, but competition for capital.

So at the moment, we see lots of capital flooding into the United States and that drove the dollar.

Okay, but what about if that capital starts to retrench to Europe, to Germany, to Japan?

China, okay, perhaps you see a weaker dollar going forward.

Joining me now is Matt Gerken.

Matt is Chief Strategist for Geopolitical Strategy and U.S.

Political Strategy with BCA Research.

He's also a member of the BCA Research Leadership Team.

Before joining BCA, Matt served as a Senior Analyst with Strategic Forecasting and in multiple academic and publishing roles.

Matt holds a master's in philosophy from the University of Cambridge and a PhD from the University of Texas in Austin.