China just forced a reset - Yanis Varoufakis & Wolfgang Munchau | The Econoclasts

🔗Thirty years of saving for retirement shouldn’t depend on one market cycle. Augusta Precious Metals has created a free guide explaining how Gold IRAs work and how physical gold can be held inside certain retirement accounts. Learn more here: http://learngoldira.com/ Or text UNHERD to 35052 to receive the guide. 📰 Subscribe to UnHerd today at: https://bit.ly/4cfaeH0 In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream narratives around Donald Trump’s recent Beijing summit, reveal how the West’s geopolitical delusions disadvantage it in a new cold war with China, and expose the flawed economic strategy of Manchester Mayor Andy Burnham as he attempts to replace a failing Keir Starmer. Watch it on the UnHerd website: https://unherd.com/watch-listen/the-new-us-china-conflict-will-be-ai/ Listen to the podcast: https://plnk.to/unherd?to=page Advertise on UnHerd @ [email protected] Follow UnHerd on social media: Twitter: https://twitter.com/unherd Facebook: https://www.facebook.com/unherd/ Instagram: https://www.instagram.com/unherd/ TikTok: https://www.tiktok.com/@unherdtv //TIMECODES// 00:00 - 00:58 - Intro 00:58 - 02:47 - Today’s orthodoxies 02:47 - 03:56 - Sponsor: Augusta Precious Metals 03:56 - 09:39 - Trump–Xi summit and tariffs truce 09:39 - 13:30 - West vs rest and misjudged power 13:30 - 18:03 - New Cold War, chips and cloud capital 18:03 - 22:38 - AI race, jobs and China’s energy edge 22:38 - 24:07 - AI–finance threat and pivot to UK 24:07 - 29:56 - Burnham, bonds and UK growth trap 29:56 - 35:46 - Starmer, Burnham and financialisation 35:46 - 41:12 - Limits of Manchesterism and new strategy 41:12 - 41:21 - Outro #UnHerd #China #AI