What the new global economic order will look like

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Advertising sponsor: Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro Further reading mentioned in the video: Chinese military exercises foreshadow a blockade of Taiwan: https://www.economist.com/briefing/2025/05/01/chinese-military-exercises-foreshadow-a-blockade-of-taiwan This time really is different for the dollar, writes Kenneth Rogoff: https://www.economist.com/by-invitation/2025/05/05/this-time-really-is-different-for-the-dollar-writes-kenneth-rogoff?itm_source=parsely-api If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: I've linked my sources in the blog that goes along with this video. Links are in the text. https://www.moneymacro.rocks/2025-05-19-multi-polar/ Timestamps: 00:00 Intro 02:20 Geo-economics 101 05:20 Hegemon’s request explained 09:24 what the multipolar global order will look like 11:48 3 plausible scenarios 13:42 Conclusion 15:19 Sponsor Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Narrated and produced by Dr. Joeri Schasfoort