Maybe he will talk about how the U.S. because of the Democrat's. Business that have been operating for 100 to 150 years or more have close on massive level. Car deals are going bankrupt. Banks closing down in record numbers, massive inflation, No stop wars. whole city's being taken over by gang not even from the U.S., Massive numbers illegal Aliens getting all the jobs as Americans starve. Crime out of control and Americans being killed everyday but none Americans. No one speaks English in a English speaking nation. Well all the Dem-O-Rats are finding out in all their city's. Now it is time to turn them lose on the posh hoods the @Peter Zeihan lives in and the Belt-way. COME GET! ! ! SOME! ! ! ! ! ! ! !
That was when OPEC was flexing it's muscles and Arab oil had been cheaper than the US product, leading to stagnation of the US oil industry. This was also a period when inflation was roughly DOUBLE that experienced 2022 - 2024 and it lasted a decade, not two miserable years. How feeble the Millennials and snowflakes are in comparison with THAT generation.
I read somewhere a story that King Faisal tried to soothe Henry Kissinger over the Saudis seemingly having the US by the short hairs by saying something like, "Someday, when the oil runs out and the House of Saud goes back into the sand, there will still be a United States of America." As someone who grew up in the '60s and '70's, there was a time when I could not imagine that a) the Cold War would ever end, and b) that Saudi Arabia would ever lose its relevance. And yet it seems that I will live long enough to see both.
There is only one scenario I can think of to bring that about. America cannot be invaded (Peter Zeihan explains why in some of his other videos). So the only way America can fall is if it falls from internal pressure. In short a US Civil War Mk 2. I will leave it to Americans to tell me if it is possible or probable.
"You know what the business community thinks of you? They think that a hundred years ago you were living in tents out here in the desert chopping each other's heads off and that's where you'll be in another hundred years, so, yes, on behalf of my firm I accept your money." That quote from Syriana has stuck with me from the first time I watched that movie.
Yeah, that quote says more about America and the west in general than it says about Saudi Arabia! I don’t think the populations in western countries realize where their elected, and unelected, leaders are taking them…Peter Zeihan is either the perfect embodiment of the delusional “American exceptionalism” mindset, is in denial or is intentionally misleading his viewers. The people in western countries, especially Europe, are in for a very jarring wake up call. It is not a coincidence that the manufacturing heart of Europe, Germany, is starting to skip beats and Europe as a whole is in decline! The future is in the global south and that’s where the actual rulers of the world; the owners and controllers of global financialized capital, are taking their money and leaving. Capitalism needs an endless supply of babies and western nations aren’t having much of those.
Yeah, that quote says more about America and the west in general than it says about Saudi Arabia! I don’t think the populations in western countries realize where their elected, and unelected, leaders are taking them…Peter Zeihan is either the perfect embodiment of the delusional “American exceptionalism” mindset, is in denial or is intentionally misleading his viewers. The people in western countries, especially Europe, are in for a very jarring wake up call. It is not a coincidence that the manufacturing heart of Europe, Germany, is starting to skip beats and Europe as a whole is in decline! The future is in the global south and that’s where the actual rulers of the world; the owners and controllers of global financialized capital, are taking their money and leaving. Capitalism needs an endless supply of babies and western nations aren’t having much of those.
history shows that power isn't solely measured by military strength. For instance, during the Yom Kippur War in 1973, the Arab nations, especially the Gulf states led by Saudi Arabia, imposed an “oil embargo” on the U.S. and other countries supporting Israel, which caused a global economic crisis and skyrocketing oil prices. This move demonstrated that oil was a powerful tool and forced major countries like the U.S. to reconsider their foreign policies toward the Middle East. Then, during the 1979 oil crisis, the U.S. and the world faced another disruption when the Iranian Revolution reduced oil production, making it clear how crucial the stability of the Gulf and Iran was for the global economy. These events show that the Gulf states are not easily controlled; they play a central role in the global economic and political balance. Oil was not just a source of energy but a strategic weapon that influenced decisions of even the world's superpowers." This response highlights the economic and political strength of the Gulf countries and how oil has been a powerful tool in dealing with global powers like the U.S.
Energy self-sufficiency is becoming a strategic priority for many nations need to maintain complex and often politically fraught relationships with oil-producing nations will likely decrease.Oil's diminishing strategic importance threatens the leverage of oil-producing nations, potentially sparking internal unrest as their ability to control dissent through economic means weakens. Plus that and eventually the oil will run out ...
Yes, the Saudi were very opposed to the American invasion of Iraq because they felt that the real problem in the region was IRAN. Turns out they were right on that one.
Nope. Their relaxation of the relationship with Iran in the last few years and their plans for the future indicate that Saudi Arabia has realized that the real problem in the Middle East, and the single reason why Arab countries are so divided, is - Israel. Without a US presence, Arabs, Turks, and even Persians (Iranians) will start to rely more on each other. Viewing Arabs as "people who emerged from tents and will return to living in tents" is nothing short of racism.
Almost every sane person was against the Bush war for oil. Just remind us, what was the nationality of the 911 terrorist? And where did the leader of Al Qaeda come from?
Guy sure knows some CIA spooks. Word is, Israel pulled the trigger once they caught whiff that Hezbollah was getting suspicious and it was a matter of use it or lose it.
I only saw local news articles that they bombed themselfs 😂 what is obviously fake news, because noone is dumb enough to install fake bomb pagers on their own guys right?
Yet he is far off when it comes to Saudi. The only good thing here in this video is that he quickly exposed his bad intentions to Saudi and its policy. Even though he only represents himself, it’s still an amateur move.
@@hosho187 Saudi Arabia is a disgusting and terrible country full of human rights abuses and repressive policies and they are going to plunge the world into another world war with their bulueshit rivalry with Iran. The US is evil for supporting Saudi Arabia and the genocide they have run in Yemen since 2015 is utterly reprehensible and despicable alot of it done with arms supplied by the US to slaughter hundreds of thousands of innocents and children so that MBS can look good and play conqueror and get credit for taking on Iran there. Saudi Arabia is a horrible place
Seriously it's like they live in a bubble not just the average American but this is how their politicians talk and I bet you this guy never gotten a passport
The countries in the Middle East are pitted against one another and don't forget Israel. This is by design. Divide and Conquer. The Romans were good at that and sort of did the same thing in the Middle East. Yeah, the Parthians were there too, but at their height, Rome manipulated.
Sleepy Joe Biden is a "joke" ... ( BTW who is running the country now ? ) Had TRUMP asked the Saudis to 'pump more' they would have ( Trump is SERIOUS and UNPREDICTABLE!) .... PERIOD, end of story !
Two carriers in the Persian Gulf was never a thing. The only times we did it on a regular basis was when we were actively at war in the region. Two carriers in the Mediterranean was the policy and the only times we didn't have that was when one was in the Persian Gulf. I got to take the long boat ride around Africa in 1980 and we were the first carrier in the Persian Gulf in years. At the time nuclear powered carriers didn't use the Suez Canal.
Does the Gulf of Oman counts, we just had two there together in the last month, if only for a couple of weeks. During the Iraq war, my understanding is we had multiple CVNs in the region for an extended period.
don't we still have presence on island of al-Masirah off Oman coast? USA Used to fly B-52s in and out of there, and permanent forces there as well, I believe. Operated like an unsinkable aircraft carrier in the region.
@@eichelbergergary Yes, modernized and runway extended. Also used to stage Operation Eagle Claw - failed rescue of US embassy hostages in Tehran. There is a new Sultan in Oman now, but he seems to be maintaining continuity with his Anglophile father (attended Sandhurst and the Brits saved him from 2 insurgencies).
You mean all the videos where he's recording and the wind is blowing his mic to the point you can't understand him? Lmfao. I like his videos too, but stop being such a clown.
@@careyfreeman5056 everyone can still get oil, but you dont get GDP growth without cheap oil. They need Saudi for that. The US will jack up prices on Japan if they know they've got no other suppliers.
Turkey doesn't have the economy to support a major war, less so than Russia, taking over Iraq (Or part of it) then Saudi seems a step too far in the short term and they are bound to have problems trying to govern the region(s), better to give them a long term security guarantee and let them pay for the invasion by stealth!?!
Saudi Arabia produces over 10 million barrels of oil per day, any significant disturbances in their oil produciton or export would end up with a meaningful impact on global economy, this is not going to change any time soon, the world is going to consume more oil as we go forward, and it will keep its reliance on Saudia Arabia.
@@TheMRJGREATJ Sources are becoming more and more diversified overall, technically and geographically. Markets are inevitable, no matter how much governments try to suppress them.
Zeihan even says "not yet" so you're not wrong. But It seems to be sooner than you think. The US and Europe are hurtling towards alternate sources, and as he says the US has enough oil for itself and its allies anyway. So you're right it will continue, until the day it doesn't. And that day will be very sudden and surprising. And probably sooner rather than later. Not like 5 years, but not like 50 either.
@@12345anton6789the US is currently pumping out more oil than ever in its history and we have a shit ton of oil across multiple massive fields we aren’t even tapping yet….Get real about reality before you speak.
Another Peter Zeihan Saudi Arabia Collapse prediction, don’t worry guys im sure the 10th times the charm. Hey Peter after this one can you update your China Collapse prediction? i know you say 2020 back in the day but we need to push it to 2030 now thanks
This guy really dont know how much Saudi Arabia is the keystone in the area for it’s financial and religious status. It has huge influence on Egypt politics , Egypt, the biggest country in the area, also on Iraq , Kuwait, UAE and Qatar. Most importantly, the relatively friendly position of Saudi Arabia with Israewl is making huge help to balance the area. Any change in Saudi Arabia would change the middle east forever. Trust me .
PETER!!! If the US has never been very dependent on Saudi Oil, WTF was I doing waiting in long lines at the gas station on odd or even days and never on Sunday in 1973-74 because of the Oil Crisis which was NOT the US crisis, it was the Middle East’s problem???
I don't get it. I thought that the sour crude from Saudi Arabia was still necessary because the US refineries don't get along with light-sweet crude? That's why the US has become such a big EXPORTER of light sweet crude such that we have this complex oil transport "square dance" that keeps all the thousands of tankers at sea. Now you are pretty much describing the exact opposite and I'm confused.
We have never imported Saudi oil, we we started to import oil from 1979 it was from Canada and some from Venezuela. We can take Saudi oil but we don't need it. That was for our allies.
There is plenty of crude from other countries to throw into the blend at US refineries, which have always been in high demand around the clock. Priority scheduling is highly sought after because of time value of money.
Totally not feasible in this era. Circumstances are far different that they were during the Ottoman Empire. See my reply to another comment about this. In sum, it would necessitate a regional conflict far surpassing any modern one thus far. It would also most likely be against Iran or possibly Israel. In either case Turkey and the Gulf states would be allies of a sort. Turkey is also not a naval power and has no need to conquer the Peninsula. Scenarios would involve war in Syria or Iraq or both, on its borders. It's air force is decent but not such that it has much to divert from protection to conquest.
Excellent - a fellow fan of 'Syriana' - a film that filled in a lot of blanks, and pulled no punches. And, it seems, 'Lawrence of Arabia' in the post-script.
I just bought a digital (cheap) copy of _Syriana,_ it's a great movie I saw at the theater when it came out. Of course, _Lawrence of Arabia_ is also great.
I bought _Syriana_ recently and, of course, _Lawrence of Arabia_ is a classic. The _only_ good thing you can say about MBS is he seems to be trying to avoid the dilemma Peter discussed here.
True but there's some merit to it. I remember some Emirate guy saying " My grandfather rode a camel. My father drove a car. I drive an SUV. My son drives a sports car. But my grandson will ride a camel" I am paraphrasing but I believe it is clear that even they know their society is not viable in the long-run
And I'm old enough to realize that ANY actual power that wants to take Saudi Arabia can do so as soon as there is no one else to stop them. In other words: No US protection = No SA.
@@sixfiftyfive2386it's not when you consider how many congressmen have dual citizenship with Israel. Also, aipac is a very powerful lobbying force in congress. They specifically ran a candidate to oppose a pro Palestine candidate in New York this year and won.
I think that the growing dependence on Chinese energy on Iran and Russia is likely to make this far harder. A larger issue is that the US is dependent on buying oil on the market and so cutting Saudi Arabia off would make oil more expensive in the US unless these resources are nationalized. We already saw that with the Russian oil sanctions.
I have only been addressed by a royal prince once. I was a cadet at Royal Air Force College Cranwell. I entered the bar of the junior mess, and sitting at the bar nursing a drink was the senior cadet supervising us juniors. Our home, not his... His Royal Highness Prince xxx Sultan glanced at me, "... put on a record." Now, there were only two records in the pile that I liked. One was the theme to Lawrence of Arabia. I chose the other, The Student Prince. Then, having obeyed his order, I left. Probably the only Saudi, (royal or otherwise) who ever spoke to me. It left an abiding bad impression.
I met lots of Saudi princes in London back in the 00’s and never met a single one I’d willingly meet again, several I’d actually consider to be evil of mind, one or two evil of action and I don’t say that lightly.
It still baffles me why the Anglo-American empire allowed these desert tribes to thrive. Post WW2, all of Arabia was still under British/ American rule, and these rich Arab states were just a bunch of tribes and villages with tiny populations. Now, the whole region is a mess, and America is pulling out.
What about the peteo-dollar part of the deal? All Saudi oil must be purchased with USD, so everyone has to buy USD to buy Saudi oil. Which really props up the value of the USD and let's them run massive deficits without the currency devaluation other countries would face if they do the same. So what happens to the USD if the Petro Dollar standard falls?
I feel sorry for the people that think this guys knows wth he’s actually talking about. This is why this country is at a breaking point for grossly underestimating others. Go back and listen to what he was saying about China in 2008 and then what he was saying about Russia when the war broke out in Ukraine.
Literally thinking that. Was looking for someone who understands in the comments. He thought Russia would break into several pieces with regional war lords ruling each piece. And that NATO would defeat Ru55ia! Dude has an oversized ego and a n overactive imagination!
Russia is in its death blows, We a Russian leader has no way out he attacks the country next him. If Nato puts 10% of it strength behind Ukraine the Russian line would collapse. This would go one of two ways, nukes and the end of Putin or the collapse of Russia and the end of Putin. Either case, it is the end of Putin and Russia as we know it.
Absolute ass backwards he got it. Saudi lived without oil before. Its the US who can’t live without oil. Hell they are struggling with one of the worse inflation periods in US history while oil is only 70$.
I'm wonder why Mr. Zeihan downplays China in these videos about Middle East status. They are involved with the Iranians, but also with the Saudis (and the UAE) as they keep buying a good quantity of crude oil to fuel their thirst for energy. Maybe he should have thrown in a bit on why the Chinese aren't doing more for military port access and their PLA Navy isn't rotating more ships over to the waters in that area (Hormuz, Gulf of Oman, Red Sea, etc).
It’s true that the Chinese navy just isn’t up to task with what the Saudi’s would want (they are used to the US navy after all). However, Peter is mainly a writer and speaker who needs to give his audience what they want to hear. Since his audience is mainly American, that means downplaying any external threats and competitors. Understand what you are getting and you won’t be disappointed. Peter isn’t some truth seeker who only reports completely factual things
1. They can't. 2. They don't want to (they saw our adventures). 3. It would force them to commit to something, which they don't like to do, with no promise of a return and the real potential to add yet another mess to the basketful of messes they're already dealing with. Which is EXACTLY why we should pull out and leave both the CCP and Saudis swinging in the wind.
@@careyfreeman5056 You are right. China buys Saudi oil, and Saudi Arabia lets China to build infrastructure, such as installing solar power plants and building railways. In return, Saudi Arabia invests China with oil refining and fertilizer production, in addition, Saudi Arabia invests in China's new energy vehicle industry too. it is said , Saudi Arabia is the major shareholder of NIO EV.
@@careyfreeman5056 It does not need to create conflicts in Middle east to maximum the profits from military weapon sales, because China does not want to make money from weapon sales.
Correct me if I’m wrong but wasn’t USA dependent on Saudi oil at the beginning? Since it was much easier to extract oil than anywhere else. Which is why the oil crises affected USA and which led USA to invest in its own oil sector and infrastructure
@@khalilh8182 In the US most of the oil comes from Canada, Texas, California, and Alaska. Only about 5% of the crude from the Middle East gets on our markets. Mexico and Venezuela are also supplying us with oil.
The Arabs in the Persian gulf are more than capable to develop their oilfields by them self. They have no problem in buying the technology from Asia whom are by far the no1 in offshore rigs/production facilities. Large oil/gas importers like china, Japan, India and South Korea are more than happy to give a helping hand if it means cheaper energy
Regardless of our domestic energy needs, wouldn't the USA be cutting off its nose to spite its face if we abandoned the Saudis as an ally? Seems prudent to me that the US maintain our 'friendly' ties with Saudi Arabia as you never know what the future holds.
@@williamflack6691The oil wont disappear for the foreseeable, but the need for it will. America already doesn’t need it, other major US allies are transitioning away from it or moving to different suppliers. The only other factor is that the Saudi’s could strangle the Red Sea if they needed to, I think the days of Suez being a reliable trade route are dying.
Peter, you ever fish those streams while passing thru the areas? Caught some nice trout from them while I used to live locally. Got up so high the cutthroat wouldn't hit on anything artificial. Had to rip the spinner off and just use the fly to keep from getting skunked one time. The ice clinging to my pole might have had something to do with it.
@@Khyberization this guy says china is on the brink of collapse for years now, yet every index shows china is just growing ( other than population), and BRICS hasn’t even gone into full effect yet.
Outside of the economic and political info you provide, I love the views you present during your hiking adventures. Do you have hiking buddies or do you mostly hike by yourself?
Your opinion is more stereotype. Saudi Arabia is doing great🇸🇦 One thing, they open up benefitial relation with China and others. Second, Saudi Arabia is diversify its economy and focus on localize military industry. You have to admit, this is great for the people and the country.
Look dude, Arabia has only one thing to offer the world and that is oil. Oh yea, also financing Terrorism too. Also it's Arabia, not Saudi Arabia. The Saudis are the royal family. They absolutely don't deserve to out their name if front of the country's name. It's Arabia.
Good luck transforming Saudi Arabia into a science and technology hub while maintaining Wahabism in power.. The Wahabis are the kind of people who would have you beheaded if you defend the scientific method and don't believe in magic/fairytales. The only reason the Saudi currently have access to technology is because they sell oil and can therefore import and pay competent engineers from the US, India and China.. in a deglobalized World, their "modern" society would collapse within, decades.. There is a reason why US crazy evangelists, ultra Orthodox Jews or Salafist muslims are not the best when it comes to developping science and technology..
Societies who hold the belief that the Theories of Darwin or Einstein (or science in general) are a bunch of hoaxes do not perform well in scientific development.. If you are a bright scientist born in one of these societies, if you love science and don't want to be murdered for stating that the Universe was not created in 7 days, you typically end up leaving, to go to work in a more progressive country..
Saudi Arabia signed a peace deal with Iran brokered by China on the condition that the Houthis disarm. Turns out, Iran lied and now the Houthis have been firing missiles across Saudi airspace into Israel and the Bab Al-Mandeb strait. So now, the Saudis are beginning to turn to the United States again because of fears that Iran will use their control of two major oil shipping chokepoints to squeeze the Saudis out.
Really? Well only those living 'elsewhere' and not in Western USA might confuse the two, East Coast or ?, tough to confuse Yellowstone with Yosemite...simply a mis-statement & OK...key was mentioning of the Merced River; runs through Yosemite Valley...
I’ve been where he’s at and animals just leave you be. Sometimes in the morning a small/medium bear will be looking for food early in the morning. If you keep it secured you’re fine.
Then you are a fool. Good for Turkey that you aren’t in charge. When energy markets get interrupted, you either have to directly annex Mosul & Kirkuk or have a relationship with Saudis that resembles your Ottoman colonial past.
Just curious. You don’t think that India would be willing to step in and provide Naval security for a desperate Saudi Arabia? I imagine that India would love to have an oil supplier that was highly dependent on them.
Saudi's historic, cultural, religious and military ally is Pakistan.There are many economic ties to India in the Gulf but not the same. Similarl in most of the smaller Gulf states. A large portion of Omanis are ethnically Baluch, originally from Pakistan. Although the seperatist movement in Baluchistan has grown hot recently.
This gives PZ the opportunity to broadcast speculation with uncertain limitation of value. As I've mentioned before, the carrot today has some sugar and that's what keeps us following that carrot. Creative mind manipulation gives way to insights or forecasts of human behavior. The real deal is.........our species is very predictable, history has logged that very effectively for us. We are addicted to our own demise.....
@@michaellane1316 I disagree with the last part of your statement. Maybe it was ironic, I don't know. What I do know is we can disagree like adults on here, unlike a lot of other platforms and to me that's a good thing. Just because I disagree with someone doesn't mean I'm right.
@@tachikaze222 Except his position makes the most sense. The truth is always somewhere in the middle and that's pretty much his position (and mine) on EVs and alternatives in general. Use them where they work and find alternatives where they don't. The solution isn't all of one thing at the expense of the other. Solar in Germany IS stupid!
I remember when I had the wireline borehole academy in the middle east. A bunch of saudi kids as my colleagues with "university degrees" in oil and gas....for them to pass the exams...they had already the results. Absolutely useless, 0 skills whatsoever before and after the academy.
Ciprian, my husband held a similar job years ago and had the same reaction. Every response from the Arab students - Saudis, Jordanians, Kuwaitis, etc. - was a word salad that demonstrated no understanding of logic and ended with "which proves my point that Israel has no right to exist." The one exception were the Moroccans, one of whom gave a thoughtful presentation after the class ended that included warm comments about his Arab and Israeli friends. That took guts.
8:15: Well, yes. But I remember Jim Dunnigan being fond of quoting what he cited as an old Ottoman saying: "Never get involved in the affairs of the Arabs." And I can't imagine the Arabs willingly returning to Ottoman rule.
Turkey appears to be developing a blue-water navy and expanding its base in Qatar to include naval assets. Interestingly, Saudi Arabia seems to be improving relations with Turkey through weapons deals worth billions of dollars. This raises the possibility that in the future, not only smaller Gulf countries but also Saudi Arabia might rely on Turkey for military support. Additionally, with the potential improvement in relations with Egypt and the Turkish navy's presence in Libya, Somalia and possibly other African countries, it seems that at least some portions of global trade could pass through Turkish-protected areas.
Any "analysis" of Saudi Arabia without including a dive into Iran, and thus also Israel, is superficial at best or purposefully excludes the top threat the Saudis face, to promote their point. It would be surprising from a geopolitical expert so it can only be deliberate. Unless the expert is a bit of a showman. Peter excels at this sort of great sounding but surface exposition. Saudi has a strategic importance that is more than just the oil in the region. Trade is vital to Europe and Asia. Way before oil, the Brits and the French colonized seperate sides of the Bab El Mandeb. Yemen is a basketcase and given its mountainous and desert terrain, no outside power has ever controlled more than 40 some % of it in modern times. The Yemenis can hardly maintain a unified country and are still in a civil war from 2011. The other side of the Red Sea in Africa is worse with ongoing war in Sudan, frequent conflict in Eritrea and Ethiopia and around the corner Somalia. Djibouti is a potential WW flashpoint. That China AND Japan have their only overseas naval bases there, highlights just how important this trade route remains. (Around Africa is still costly and takes too long.)
The US didn't want the oil from the Middle East, but the US wanted all oil to be priced in USD. That pushed the USD into the role of global reserve currency and ultimately resulted in the US' power and wealth today.
No, usd became the global reserve currency in 1944, 30 years before the petrodollar deal. It became the petrodollar because it was the reserve currency, not the other way around. And also because the US was the only credible security guarantor for the Saudis.
Not true at all. The US became the world’s most dominant economy sometime after the Civil War between 1868-1898. All this other nonsense is just fanciful thinking from people who hope the US order will fail and America will collapse when it does. It is a dangerous conclusion that doesn’t make much historical sense.
You got it the other way around. It's not the US who wants to pay for oil with dollars. It's the oil producers, who want dollars for their oil, because all other currencies are basically worthless.
It doesn't matter any more. You see because of NAFTA America, Canada, and Mexico is now 1/3 of the entire world economy. There is no currency that can handle the volume of trade. So most people still just price it US dollar because their local currency is worthless or just to teeny tiny to be worth anything and no one wants to buy anything from small countries that really don't have any manufacturing.
It was always forecast as going to end up that way since I was a lad 50 years ago and nothing much has advanced in the region since, it appears the majority religion is holding it back and will return it to its old ways fairly shortly after the money runs out, and I think a hundred years might be on the optimistic side!?!
Why wouldn't the Saudis just develop nuclear weapons as a security guarantee in this event? Why wouldn't everyone? Isn't nuclear non proliferation the real reason the US acts as a security guarantor for half the world? Doesn't that go out the window and we wind up with 50 nuclear armed states immediately after the US decides to become a 'disruptor' rather than a stabilizer?
Because they don’t have the scientists to make them or the military structure to control them and they’re afraid of building a capable military, because that could overthrow the Royal Family.
exactly. peter seems to just ignore this danger and pretend like it's no big deal if every country in the middle east becomes a north korea. he even pretends to think iran isn't capable of producing a nuclear detonator.
MBS spoke on that. He said that nuclear weapons were evil and nobody should have them, but if his enemies got nuclear weapons then he would be compelled to have them.
They don’t need to develop nuclear weapons. The moment the US steps out of the role it is playing now, China will most happily step into the same role. Granted they don’t have the same level of military expertise or even a navy as large as the US but they have enough to keep all other countries in the region barring Japan and maybe India in check. They have 3 aircraft carriers longer than 300m and are believed to be building 3-5 more. If Saudi Arabia and the US move apart then what happens to the Petro-Dollar? As it is the US has a $34T accumulated deficit. If they lose they position as the default trade currency in a commodity as vital as oil would that not also affect their overall economic leverage?
Oh my, I have skied about 300 different resorts worldwide, and I can only think of one place that has as majestic a view as Pete's background: Crans-Montana, CH.
Still not self sufficient. Problem is that jobs go to Toadies and not competent . Saudi now has 18 million people mostly unemployed. Many are unqualified and only accept execyjobs.
the middle east has always been of shaky ground (metaphorically) - there's not much there unless you're interested in sand or oil an the oil reserves are finite - it will eventually cease to be economically viable to tap that reserve. the Saudi's (and the UAE as a whole) needs to divest away from petroleum asap, maybe switch to solar power production/export if they want to stay in the international energy market, but anything else at this point. if they dont their economies will be in freefall... and, like Peter says, the Saudi's are largely reliant on ex-pat oilfield workers - they have next to no domestic capability to export crude oil.
They've chosen to ruin golf and buy soccer/football teams instead. Oh, and build linear cities in the desert. Get the popcorn ready. This is going to be fun.
Their biggest problem is still water. This is why they are trying to bolster their economy in strange ways with entertainment and tourism. If they could get access to a decent water supply, they could become an agriculture powerhouse.
@@Nylon_riot Very true. Most people don't realize that deserts actually have productive soil due to the lack of rain. That said, I have ZERO faith in the Saudis to pull this off.
And how many governmental agencies throughout the world are inviting you to speak about the changing world. While I don’t agree with all Peter discusses, you saying he knows nothing only shows how little you understand.
Fascinating .. I never realized the point that the US always needed that oil not necessarily for themselves, but for their allies in globalization in order to fight the Cold War.. thank you for educating me again Peter 🙋🏻♂️
Peter said good morning, he finally knows we all watch him like the morning news
Or maybe he's filming... in the morning?
@@ivancho5854No shit, Sherlock !
Nope, it's 2pm where I am.
Maybe he will talk about how the U.S. because of the Democrat's.
Business that have been operating for 100 to 150 years or more have close on massive level. Car deals are going bankrupt. Banks closing down in record numbers, massive inflation, No stop wars. whole city's being taken over by gang not even from the U.S., Massive numbers illegal Aliens getting all the jobs as Americans starve. Crime out of control and Americans being killed everyday but none Americans. No one speaks English in a English speaking nation.
Well all the Dem-O-Rats are finding out in all their city's. Now it is time to turn them lose on the posh hoods the @Peter Zeihan lives in and the Belt-way. COME GET! ! ! SOME! ! ! ! ! ! ! !
@@ivancho5854…and…? It’s afternoon for me right now 😜
Anyone remember 'Odd-Even' gasoline days in 1979? 😬
That was when OPEC was flexing it's muscles and Arab oil had been cheaper than the US product, leading to stagnation of the US oil industry. This was also a period when inflation was roughly DOUBLE that experienced 2022 - 2024 and it lasted a decade, not two miserable years. How feeble the Millennials and snowflakes are in comparison with THAT generation.
Yep, felt pretty abused by SA and big oil then, we did............
Yup!!
Don’t top off.
No. I am too young to remember that old man.
Oh my pager is going off
I am still on the fence if that was funny and smart or dumb and funny. I am sure it was funny - for us that are not part of a terrorist organisation.
is it buzzing?
@@julonkrutor4649 queers for Palestine should be very happy right now, getting some free Israeli-Taiwanese funded transition surgery...
That was a bit “limp”
Aaaaand kablammo or mush 😂😂
I read somewhere a story that King Faisal tried to soothe Henry Kissinger over the Saudis seemingly having the US by the short hairs by saying something like, "Someday, when the oil runs out and the House of Saud goes back into the sand, there will still be a United States of America." As someone who grew up in the '60s and '70's, there was a time when I could not imagine that a) the Cold War would ever end, and b) that Saudi Arabia would ever lose its relevance. And yet it seems that I will live long enough to see both.
Don't forget c) The United States of America may no longer exist
@@secretname4190How is “option c” a viable option? I can’t see it. Please enlighten us.
There is only one scenario I can think of to bring that about.
America cannot be invaded (Peter Zeihan explains why in some of his other videos).
So the only way America can fall is if it falls from internal pressure. In short a US Civil War Mk 2.
I will leave it to Americans to tell me if it is possible or probable.
No in our lifetime
@@nnonotnowThe Saudias own US Congress that’s why the us loves them.
US needs them to buy us debt or China to buy it.
"You know what the business community thinks of you? They think that a hundred years ago you were living in tents out here in the desert chopping each other's heads off and that's where you'll be in another hundred years, so, yes, on behalf of my firm I accept your money."
That quote from Syriana has stuck with me from the first time I watched that movie.
Yeah, that quote says more about America and the west in general than it says about Saudi Arabia!
I don’t think the populations in western countries realize where their elected, and unelected, leaders are taking them…Peter Zeihan is either the perfect embodiment of the delusional “American exceptionalism” mindset, is in denial or is intentionally misleading his viewers. The people in western countries, especially Europe, are in for a very jarring wake up call. It is not a coincidence that the manufacturing heart of Europe, Germany, is starting to skip beats and Europe as a whole is in decline!
The future is in the global south and that’s where the actual rulers of the world; the owners and controllers of global financialized capital, are taking their money and leaving. Capitalism needs an endless supply of babies and western nations aren’t having much of those.
Yeah, that quote says more about America and the west in general than it says about Saudi Arabia!
I don’t think the populations in western countries realize where their elected, and unelected, leaders are taking them…Peter Zeihan is either the perfect embodiment of the delusional “American exceptionalism” mindset, is in denial or is intentionally misleading his viewers. The people in western countries, especially Europe, are in for a very jarring wake up call. It is not a coincidence that the manufacturing heart of Europe, Germany, is starting to skip beats and Europe as a whole is in decline!
The future is in the global south and that’s where the actual rulers of the world; the owners and controllers of global financialized capital, are taking their money and leaving. Capitalism needs an endless supply of babies and western nations aren’t having much of those.
😅
Quote is completely wrong or at least very outdated. KSA has spent TRILLIONS moving their economy away from oil the last 2 decades
I'll give you 70 million for your other kid.
Peter has a lot of great backdrops, but this one takes spectacular to another level.
Do you know exactly where is . I googled it .can't find it .thanks
Gorgeous background
Best part of the vid😂
history shows that power isn't solely measured by military strength. For instance, during the Yom Kippur War in 1973, the Arab nations, especially the Gulf states led by Saudi Arabia, imposed an “oil embargo” on the U.S. and other countries supporting Israel, which caused a global economic crisis and skyrocketing oil prices. This move demonstrated that oil was a powerful tool and forced major countries like the U.S. to reconsider their foreign policies toward the Middle East.
Then, during the 1979 oil crisis, the U.S. and the world faced another disruption when the Iranian Revolution reduced oil production, making it clear how crucial the stability of the Gulf and Iran was for the global economy. These events show that the Gulf states are not easily controlled; they play a central role in the global economic and political balance. Oil was not just a source of energy but a strategic weapon that influenced decisions of even the world's superpowers."
This response highlights the economic and political strength of the Gulf countries and how oil has been a powerful tool in dealing with global powers like the U.S.
Try that now, weaksuace.
Ruzzia tried💀
Energy self-sufficiency is becoming a strategic priority for many nations need to maintain complex and often politically fraught relationships with oil-producing nations will likely decrease.Oil's diminishing strategic importance threatens the leverage of oil-producing nations, potentially sparking internal unrest as their ability to control dissent through economic means weakens. Plus that and eventually the oil will run out ...
Yea brick is here.😅
It was worth keeping focus until the very end. Finished with a zinger for history nerds!
Yeah, I noticed that one. Hopefully film buffs will pick up on it as well.
Yes, the Saudi were very opposed to the American invasion of Iraq because they felt that the real problem in the region was IRAN. Turns out they were right on that one.
Real problem in the region right now is Israel
Nope. Their relaxation of the relationship with Iran in the last few years and their plans for the future indicate that Saudi Arabia has realized that the real problem in the Middle East, and the single reason why Arab countries are so divided, is - Israel. Without a US presence, Arabs, Turks, and even Persians (Iranians) will start to rely more on each other.
Viewing Arabs as "people who emerged from tents and will return to living in tents" is nothing short of racism.
Almost every sane person was against the Bush war for oil. Just remind us, what was the nationality of the 911 terrorist? And where did the leader of Al Qaeda come from?
Iran wasn't a big problem until the US destroyed Iraq and Syria and created a vacuum which Iran filled and became a regional dominant power.
They are always right, look what's happening in the Bab al-Mandab right now.
Peter, do a video of the "pager incident"
Guy sure knows some CIA spooks. Word is, Israel pulled the trigger once they caught whiff that Hezbollah was getting suspicious and it was a matter of use it or lose it.
I only saw local news articles that they bombed themselfs 😂 what is obviously fake news, because noone is dumb enough to install fake bomb pagers on their own guys right?
Yup. Just for laughs. 😂
@@ivancho5854 Pagers?? This war is starting to look like "Operation Desert Storm" all over again...
You mean that joint Israeli-Taiwanese collaboration?, he certainly won't reveal that much !.
This guy speaks with so much conviction that you would actually think that he knows what he is talking about
he aint know shet
Yet he is far off when it comes to Saudi. The only good thing here in this video is that he quickly exposed his bad intentions to Saudi and its policy. Even though he only represents himself, it’s still an amateur move.
@@hosho187 Saudi Arabia is a disgusting and terrible country full of human rights abuses and repressive policies and they are going to plunge the world into another world war with their bulueshit rivalry with Iran. The US is evil for supporting Saudi Arabia and the genocide they have run in Yemen since 2015 is utterly reprehensible and despicable alot of it done with arms supplied by the US to slaughter hundreds of thousands of innocents and children so that MBS can look good and play conqueror and get credit for taking on Iran there. Saudi Arabia is a horrible place
He's an evil person in real life
@@TheebX92 how do you know that. i dont think evil just stupid and arrogant
I’m baffled by how little do American experts understand the Middle Eastern mentality and history.
Can you elaborate?
Seriously it's like they live in a bubble not just the average American but this is how their politicians talk and I bet you this guy never gotten a passport
he’s white and he thinks he knows better than them and smarter than them… the a colonial mentality
True .. like this man, he oversimplified it
The countries in the Middle East are pitted against one another and don't forget Israel.
This is by design. Divide and Conquer. The Romans were good at that and sort of did the same thing in the Middle East. Yeah, the Parthians were there too, but at their height, Rome manipulated.
When Biden asked the Saudis to pump more they said "no."
Because his admin cozied up to the Iranians, enemies of Saudi Arabia
For the oil markets which still dictates prices
Yes Biden doesn't like MSB, but that is in the past now!?!
Biden asked "yes way?" And they said no way.
Sleepy Joe Biden is a "joke" ... ( BTW who is running the country now ? )
Had TRUMP asked the Saudis to 'pump more' they would have ( Trump is SERIOUS and UNPREDICTABLE!) .... PERIOD, end of story !
Two carriers in the Persian Gulf was never a thing. The only times we did it on a regular basis was when we were actively at war in the region. Two carriers in the Mediterranean was the policy and the only times we didn't have that was when one was in the Persian Gulf. I got to take the long boat ride around Africa in 1980 and we were the first carrier in the Persian Gulf in years. At the time nuclear powered carriers didn't use the Suez Canal.
well, zeihan does "trust me bro" quite often
Does the Gulf of Oman counts, we just had two there together in the last month, if only for a couple of weeks. During the Iraq war, my understanding is we had multiple CVNs in the region for an extended period.
don't we still have presence on island of al-Masirah off Oman coast? USA Used to fly B-52s in and out of there, and permanent forces there as well, I believe. Operated like an unsinkable aircraft carrier in the region.
The range difference between the med, and the gulf is negligible.
@@eichelbergergary Yes, modernized and runway extended. Also used to stage Operation Eagle Claw - failed rescue of US embassy hostages in Tehran. There is a new Sultan in Oman now, but he seems to be maintaining continuity with his Anglophile father (attended Sandhurst and the Brits saved him from 2 insurgencies).
What a backdrop! This man’s quality control is legendary 😊
You mean all the videos where he's recording and the wind is blowing his mic to the point you can't understand him? Lmfao. I like his videos too, but stop being such a clown.
Of course it is, CIA isnt going to put out crap quality videos
@@ronanfel8191There are medications to level off your anger and self hate.
India, EU, China, Japan all have a vested interest in keeping Saudi working. Not gonna crash.
We can supply Japan ourselves. EU has North Sea and relationships in Africa, along with US.
@@careyfreeman5056 everyone can still get oil, but you dont get GDP growth without cheap oil. They need Saudi for that.
The US will jack up prices on Japan if they know they've got no other suppliers.
@@tommyt1785 Definitely a possibility, but hopefully we're not that dumb. Of course, it would hardly be precedent setting if we were.
Good luck getting that group to cooperate on defense capabilities.
@@BasePuma4007China can.
disabused is one of the best words in the world
Turkey keeps coming up time and time again. very interesting times.
Yeah, since the Bronze Age. I think that whole Anatolia region just might be important to world affairs.
Turkey doesn't have the economy to support a major war, less so than Russia, taking over Iraq (Or part of it) then Saudi seems a step too far in the short term and they are bound to have problems trying to govern the region(s), better to give them a long term security guarantee and let them pay for the invasion by stealth!?!
@@jamesholden8256 I think the state of Turkey is about to have a finger in everyone’s pie in that area. gonna get fruity i reckon
Make Turkey Armenia and Greece again.
I for one welcome our new Neo-Ottoman overlords
Saudi Arabia produces over 10 million barrels of oil per day, any significant disturbances in their oil produciton or export would end up with a meaningful impact on global economy, this is not going to change any time soon, the world is going to consume more oil as we go forward, and it will keep its reliance on Saudia Arabia.
Middle income and low income countries will consume more oil as we go forward, rich countries will convert to electricity and renewables.
@@TheMRJGREATJ Sources are becoming more and more diversified overall, technically and geographically. Markets are inevitable, no matter how much governments try to suppress them.
What will the US consumer thinks if their government disrupts the global supply chain of energy and the oil price hits $200++ a barrel.
Zeihan even says "not yet" so you're not wrong.
But
It seems to be sooner than you think. The US and Europe are hurtling towards alternate sources, and as he says the US has enough oil for itself and its allies anyway.
So you're right it will continue, until the day it doesn't. And that day will be very sudden and surprising. And probably sooner rather than later. Not like 5 years, but not like 50 either.
@@12345anton6789the US is currently pumping out more oil than ever in its history and we have a shit ton of oil across multiple massive fields we aren’t even tapping yet….Get real about reality before you speak.
Great post Peter.
🤣🤣🤣 I love sarcasm
Another Peter Zeihan Saudi Arabia Collapse prediction, don’t worry guys im sure the 10th times the charm.
Hey Peter after this one can you update your China Collapse prediction? i know you say 2020 back in the day but we need to push it to 2030 now thanks
This guy really dont know how much Saudi Arabia is the keystone in the area for it’s financial and religious status. It has huge influence on Egypt politics , Egypt, the biggest country in the area, also on Iraq , Kuwait, UAE and Qatar. Most importantly, the relatively friendly position of Saudi Arabia with Israewl is making huge help to balance the area. Any change in Saudi Arabia would change the middle east forever. Trust me .
I no longer backpack into the mountains so thanks for your mountain pod casts. Salute from Utah.
Me too. Im in the flat and below sea level Netherlands.
I like the backdrop of the 'gulf', 'divide' between Peter and the next mountain over
PETER!!! If the US has never been very dependent on Saudi Oil, WTF was I doing waiting in long lines at the gas station on odd or even days and never on Sunday in 1973-74 because of the Oil Crisis which was NOT the US crisis, it was the Middle East’s problem???
Love the scenery as much as your commentary. Live in Calgary and love mountains.
Very interesting presentation
I absolutely love that you do your videos while being active in nature.
I don't get it. I thought that the sour crude from Saudi Arabia was still necessary because the US refineries don't get along with light-sweet crude? That's why the US has become such a big EXPORTER of light sweet crude such that we have this complex oil transport "square dance" that keeps all the thousands of tankers at sea. Now you are pretty much describing the exact opposite and I'm confused.
Nailed it.
We have never imported Saudi oil, we we started to import oil from 1979 it was from Canada and some from Venezuela. We can take Saudi oil but we don't need it. That was for our allies.
Source other than Zeihan?@@HellBot-gi5si
There is plenty of crude from other countries to throw into the blend at US refineries, which have always been in high demand around the clock. Priority scheduling is highly sought after because of time value of money.
Top oil producers:
US
Saudi
Russia
Canada
Iraq
Brazil
UAE
Iran
Kuwait
always enjoy hearing your educated views on world and local issues
This man might have a hiking "problem"
This is a hiking channel with an international news spin to it.
Can you get treatment for that?
He doesn't have a problem! He can stop whenever he wants...and sit next to bunch of freshly cut logs.
It looks like enjoyable exercise, he can afford to be where the weather is nice
We all have our addictions.....
Your final comment on Turkey was eye-opening. Thanks
Totally not feasible in this era. Circumstances are far different that they were during the Ottoman Empire. See my reply to another comment about this. In sum, it would necessitate a regional conflict far surpassing any modern one thus far. It would also most likely be against Iran or possibly Israel. In either case Turkey and the Gulf states would be allies of a sort.
Turkey is also not a naval power and has no need to conquer the Peninsula. Scenarios would involve war in Syria or Iraq or both, on its borders. It's air force is decent but not such that it has much to divert from protection to conquest.
@@jijiipetti1433 "Turkey is also not a naval power". Everything looks weak compared to US I get it. But, no naval power?
Excellent - a fellow fan of 'Syriana' - a film that filled in a lot of blanks, and pulled no punches. And, it seems, 'Lawrence of Arabia' in the post-script.
Chilling..
I just bought a digital (cheap) copy of _Syriana,_ it's a great movie I saw at the theater when it came out. Of course, _Lawrence of Arabia_ is also great.
I bought _Syriana_ recently and, of course, _Lawrence of Arabia_ is a classic. The _only_ good thing you can say about MBS is he seems to be trying to avoid the dilemma Peter discussed here.
Keep em coming cause we love your work
Im old enough to have lived through several waves of "saudi arabia will break up next year"
True but there's some merit to it. I remember some Emirate guy saying " My grandfather rode a camel. My father drove a car. I drive an SUV. My son drives a sports car. But my grandson will ride a camel" I am paraphrasing but I believe it is clear that even they know their society is not viable in the long-run
Yes but reaching peak oil is actually possible now, and once we’re on the reverse slope…
I didn't hear Peter mention anywhere in the video that they would break up?
@@oldschoolben438 Peak oil has nothing to do with it. You're not listening.
And I'm old enough to realize that ANY actual power that wants to take Saudi Arabia can do so as soon as there is no one else to stop them. In other words: No US protection = No SA.
It’s amazing how things so often come full circle.
Yeah, the US needs to leave the middle east altogether. Opec can sit and spin.
We would, but aipac.
problem is, US arm industry like money, don't think they gonna leave
@@Bigbudd0045incorrect... clearly very ignorant
@@sixfiftyfive2386it's not when you consider how many congressmen have dual citizenship with Israel. Also, aipac is a very powerful lobbying force in congress. They specifically ran a candidate to oppose a pro Palestine candidate in New York this year and won.
@@danielmcguire7344stop trying to bring the Jews into an Arab problem. Can you Arabs ever have an issue that the Jews aren’t responsible for?
I think that the growing dependence on Chinese energy on Iran and Russia is likely to make this far harder. A larger issue is that the US is dependent on buying oil on the market and so cutting Saudi Arabia off would make oil more expensive in the US unless these resources are nationalized. We already saw that with the Russian oil sanctions.
I have only been addressed by a royal prince once.
I was a cadet at Royal Air Force College Cranwell. I entered the bar of the junior mess, and sitting at the bar nursing a drink was the senior cadet supervising us juniors. Our home, not his...
His Royal Highness Prince xxx Sultan glanced at me, "... put on a record."
Now, there were only two records in the pile that I liked. One was the theme to Lawrence of Arabia. I chose the other, The Student Prince. Then, having obeyed his order, I left.
Probably the only Saudi, (royal or otherwise) who ever spoke to me. It left an abiding bad impression.
I met lots of Saudi princes in London back in the 00’s and never met a single one I’d willingly meet again, several I’d actually consider to be evil of mind, one or two evil of action and I don’t say that lightly.
To the camels they shall return
@@InimitaPaul He did a slick humble/brag = )
It still baffles me why the Anglo-American empire allowed these desert tribes to thrive. Post WW2, all of Arabia was still under British/ American rule, and these rich Arab states were just a bunch of tribes and villages with tiny populations. Now, the whole region is a mess, and America is pulling out.
@@isunlloaollWhat would have been the alternative? Taking their resources? Suppressing them?
Thanks for interesting geopolitic analysis!
Don't under rate desert power. It was decisively influential on Arrakis.
Peter's video's always end with a banger..!
It's a formula. Like the end of every chapter of a Dan Brown page turner. It works for many.
Peter Zeihan is emotional when talks about Saudi Arabia. probably it's the time of the month.
We used to sell military kit to the Saudis when we still had a defence industry worthy of the name. We even sold them some Tornado F3s.
"Again"....!! Excellent point
😂
You always have the greatest spots.
Are you going to do a video about the exploding Pagers in Lebanon?
That was a terrorist attack
What about the peteo-dollar part of the deal? All Saudi oil must be purchased with USD, so everyone has to buy USD to buy Saudi oil. Which really props up the value of the USD and let's them run massive deficits without the currency devaluation other countries would face if they do the same.
So what happens to the USD if the Petro Dollar standard falls?
I feel sorry for the people that think this guys knows wth he’s actually talking about. This is why this country is at a breaking point for grossly underestimating others. Go back and listen to what he was saying about China in 2008 and then what he was saying about Russia when the war broke out in Ukraine.
Literally thinking that. Was looking for someone who understands in the comments. He thought Russia would break into several pieces with regional war lords ruling each piece. And that NATO would defeat Ru55ia!
Dude has an oversized ego and a n overactive imagination!
Russia is in its death blows, We a Russian leader has no way out he attacks the country next him. If Nato puts 10% of it strength behind Ukraine the Russian line would collapse. This would go one of two ways, nukes and the end of Putin or the collapse of Russia and the end of Putin. Either case, it is the end of Putin and Russia as we know it.
Man seriously he know no thing about the region.
Great analysis. Lov.e listening. So much sense
Absolute ass backwards he got it. Saudi lived without oil before.
Its the US who can’t live without oil. Hell they are struggling with one of the worse inflation periods in US history while oil is only 70$.
that "AGAIN" in the end got me lmao
I'm wonder why Mr. Zeihan downplays China in these videos about Middle East status. They are involved with the Iranians, but also with the Saudis (and the UAE) as they keep buying a good quantity of crude oil to fuel their thirst for energy. Maybe he should have thrown in a bit on why the Chinese aren't doing more for military port access and their PLA Navy isn't rotating more ships over to the waters in that area (Hormuz, Gulf of Oman, Red Sea, etc).
It’s true that the Chinese navy just isn’t up to task with what the Saudi’s would want (they are used to the US navy after all). However, Peter is mainly a writer and speaker who needs to give his audience what they want to hear. Since his audience is mainly American, that means downplaying any external threats and competitors. Understand what you are getting and you won’t be disappointed. Peter isn’t some truth seeker who only reports completely factual things
China oil is from Iran.
1. They can't. 2. They don't want to (they saw our adventures). 3. It would force them to commit to something, which they don't like to do, with no promise of a return and the real potential to add yet another mess to the basketful of messes they're already dealing with. Which is EXACTLY why we should pull out and leave both the CCP and Saudis swinging in the wind.
@@careyfreeman5056 You are right. China buys Saudi oil, and Saudi Arabia lets China to build infrastructure, such as installing solar power plants and building railways. In return, Saudi Arabia invests China with oil refining and fertilizer production, in addition, Saudi Arabia invests in China's new energy vehicle industry too. it is said , Saudi Arabia is the major shareholder of NIO EV.
@@careyfreeman5056 It does not need to create conflicts in Middle east to maximum the profits from military weapon sales, because China does not want to make money from weapon sales.
Always informative and the straight talk is always appreciated… how many nights last year did PZ sleep outside?
Correct me if I’m wrong but wasn’t USA dependent on Saudi oil at the beginning? Since it was much easier to extract oil than anywhere else. Which is why the oil crises affected USA and which led USA to invest in its own oil sector and infrastructure
Yes, you are wrong.
Good question.
Where did USA get oil before shale.
@@knoll9812 Alaska ? And before that was Iran?
@@N561LB so why did USA get badly affected by the oil crisis?
@@khalilh8182 In the US most of the oil comes from Canada, Texas, California, and Alaska. Only about 5% of the crude from the Middle East gets on our markets. Mexico and Venezuela are also supplying us with oil.
Love learning US 🇺🇸 geography from Pete …
The Arabs in the Persian gulf are more than capable to develop their oilfields by them self. They have no problem in buying the technology from Asia whom are by far the no1 in offshore rigs/production facilities. Large oil/gas importers like china, Japan, India and South Korea are more than happy to give a helping hand if it means cheaper energy
USA and Europe has the technology and the others buy from them.
Russia didn't depend on western technology because they were pro west.
Arabian Gulf*
Arabs do not do servile labor and suffer severe lack of mechanical skills.
You make it sound so clear cut for the geopolitical future of the US. Good luck
Regardless of our domestic energy needs, wouldn't the USA be cutting off its nose to spite its face if we abandoned the Saudis as an ally? Seems prudent to me that the US maintain our 'friendly' ties with Saudi Arabia as you never know what the future holds.
Once the oil is gone they are dead weight
@@mkvenner2 are you talking about the Saudis here? American oil supplies will run out way before Saudi will
The Saudis were never an ally. They've always been a useful resource, nothing more.
@@mkvenner2 That oil won't disappear in the foreseeable future
@@williamflack6691The oil wont disappear for the foreseeable, but the need for it will. America already doesn’t need it, other major US allies are transitioning away from it or moving to different suppliers.
The only other factor is that the Saudi’s could strangle the Red Sea if they needed to, I think the days of Suez being a reliable trade route are dying.
Peter, you ever fish those streams while passing thru the areas? Caught some nice trout from them while I used to live locally. Got up so high the cutthroat wouldn't hit on anything artificial. Had to rip the spinner off and just use the fly to keep from getting skunked one time. The ice clinging to my pole might have had something to do with it.
The delusions of US experts is staggering. There is so much wrong here I'm shocked people listen to him.
They are jealous hypocrites
@@Khyberization this guy says china is on the brink of collapse for years now, yet every index shows china is just growing ( other than population), and BRICS hasn’t even gone into full effect yet.
Vapid words if you don't provide reason(s) why.
Now name the things that are wrong and support your claim with evidence.
@@ernestcote3398Not sure why you weren't tagged.
Outside of the economic and political info you provide, I love the views you present during your hiking adventures. Do you have hiking buddies or do you mostly hike by yourself?
Your opinion is more stereotype.
Saudi Arabia is doing great🇸🇦
One thing, they open up benefitial relation with China and others.
Second, Saudi Arabia is diversify its economy and focus on localize military industry.
You have to admit, this is great for the people and the country.
There is no Saudi arabia !
Only a vassel country of camel herders with oil.
Without the us there is no saudi
Look dude, Arabia has only one thing to offer the world and that is oil. Oh yea, also financing Terrorism too. Also it's Arabia, not Saudi Arabia. The Saudis are the royal family. They absolutely don't deserve to out their name if front of the country's name. It's Arabia.
Good luck transforming Saudi Arabia into a science and technology hub while maintaining Wahabism in power.. The Wahabis are the kind of people who would have you beheaded if you defend the scientific method and don't believe in magic/fairytales. The only reason the Saudi currently have access to technology is because they sell oil and can therefore import and pay competent engineers from the US, India and China.. in a deglobalized World, their "modern" society would collapse within, decades.. There is a reason why US crazy evangelists, ultra Orthodox Jews or Salafist muslims are not the best when it comes to developping science and technology..
Societies who hold the belief that the Theories of Darwin or Einstein (or science in general) are a bunch of hoaxes do not perform well in scientific development.. If you are a bright scientist born in one of these societies, if you love science and don't want to be murdered for stating that the Universe was not created in 7 days, you typically end up leaving, to go to work in a more progressive country..
Saudi Arabia signed a peace deal with Iran brokered by China on the condition that the Houthis disarm.
Turns out, Iran lied and now the Houthis have been firing missiles across Saudi airspace into Israel and the Bab Al-Mandeb strait.
So now, the Saudis are beginning to turn to the United States again because of fears that Iran will use their control of two major oil shipping chokepoints to squeeze the Saudis out.
Dont sweat it Peter. I also get confused between Yellowstone Valley and Yosemite Valley.
Really? Well only those living 'elsewhere' and not in Western USA might confuse the two, East Coast or ?, tough to confuse Yellowstone with Yosemite...simply a mis-statement & OK...key was mentioning of the Merced River; runs through Yosemite Valley...
“Take away the oil all you have is a pension for domestic violence. That had me dying”
Except that "pension" should be "penchant" to make any sense.
@@Frank-Lee-Speeking Thank you! Too many "illiterates" on ALL of these forums!
That's basically the history of Saudi Arabia. 🤣🤣🤣
Peter....typical American racist. Anyone who isn't under our boot, he or she is wortless
The oil in saudi is the only thing that's keeping the Mujahideen from coming to your land to establishing sharia low.
Thanks Peter
Have you ever encountered like a bear or some shit like that while trying to film lol?
We’ve seen a mountain goat recently, so I guess he defines did encounter “some shit”
Likely safer than a street corner in Seattle or Tacoma.
And......they don't do geopolitics.....😄
“Like a bear”
I’ve been where he’s at and animals just leave you be. Sometimes in the morning a small/medium bear will be looking for food early in the morning. If you keep it secured you’re fine.
Thanks.
There is a Turkish proverb: don’t remind the donkey of the watermelon rind. I don’t want my country to have anything to do on another country’s land
Then you are a fool. Good for Turkey that you aren’t in charge.
When energy markets get interrupted, you either have to directly annex Mosul & Kirkuk or have a relationship with Saudis that resembles your Ottoman colonial past.
It is a wise choice if you can stick to it.
Turks have a long history of the opposite.
@@ticktock3152 Many do. It's what they're doing now that matters.
Turkey is another enemy of the Western world.
Excellent info, thanks Man.
Just curious. You don’t think that India would be willing to step in and provide Naval security for a desperate Saudi Arabia? I imagine that India would love to have an oil supplier that was highly dependent on them.
They already buy at a discount from Russia
😂 India navy...
Saudi's historic, cultural, religious and military ally is Pakistan.There are many economic ties to India in the Gulf but not the same. Similarl in most of the smaller Gulf states. A large portion of Omanis are ethnically Baluch, originally from Pakistan. Although the seperatist movement in Baluchistan has grown hot recently.
Dont ask peter to think that hard. His brain will melt away along with his storytelling. 😂😂😂
Me: *clicking on this video*
Him: “the persian gulf”
Me: “aight i’ma head out”
I don't agree with Mr Zeihan on a lot of things but he does make me think. If someone makes me think then that person is worth listening to.
Likewise, I think's all wet on EVs but he's 100X smarter than I am so I gotta respect that (and I have a Poli-Sci / CS degree)
This gives PZ the opportunity to broadcast speculation with uncertain limitation of value. As I've mentioned before, the carrot today has some sugar and that's what keeps us following that carrot. Creative mind manipulation gives way to insights or forecasts of human behavior. The real deal is.........our species is very predictable, history has logged that very effectively for us. We are addicted to our own demise.....
He represents the CIA. Always a good plan to understand what the CIA is trying to push as propaganda
@@michaellane1316 I disagree with the last part of your statement. Maybe it was ironic, I don't know. What I do know is we can disagree like adults on here, unlike a lot of other platforms and to me that's a good thing.
Just because I disagree with someone doesn't mean I'm right.
@@tachikaze222 Except his position makes the most sense. The truth is always somewhere in the middle and that's pretty much his position (and mine) on EVs and alternatives in general. Use them where they work and find alternatives where they don't. The solution isn't all of one thing at the expense of the other. Solar in Germany IS stupid!
Hope you're doing well and healthy.
I remember when I had the wireline borehole academy in the middle east. A bunch of saudi kids as my colleagues with "university degrees" in oil and gas....for them to pass the exams...they had already the results. Absolutely useless, 0 skills whatsoever before and after the academy.
Privileged people don’t like to get their hands dirty… They would have been better off doing IT!
Ciprian, my husband held a similar job years ago and had the same reaction. Every response from the Arab students - Saudis, Jordanians, Kuwaitis, etc. - was a word salad that demonstrated no understanding of logic and ended with "which proves my point that Israel has no right to exist." The one exception were the Moroccans, one of whom gave a thoughtful presentation after the class ended that included warm comments about his Arab and Israeli friends. That took guts.
?????😂😂
@@wyominghome4857??😂
@@wyominghome4857Moroccans are very different
8:15: Well, yes. But I remember Jim Dunnigan being fond of quoting what he cited as an old Ottoman saying: "Never get involved in the affairs of the Arabs." And I can't imagine the Arabs willingly returning to Ottoman rule.
❤🇸🇦❤
Turkey appears to be developing a blue-water navy and expanding its base in Qatar to include naval assets. Interestingly, Saudi Arabia seems to be improving relations with Turkey through weapons deals worth billions of dollars. This raises the possibility that in the future, not only smaller Gulf countries but also Saudi Arabia might rely on Turkey for military support. Additionally, with the potential improvement in relations with Egypt and the Turkish navy's presence in Libya, Somalia and possibly other African countries, it seems that at least some portions of global trade could pass through Turkish-protected areas.
So you deleted my comment?!
Thats very weak of you
Thank you
Any "analysis" of Saudi Arabia without including a dive into Iran, and thus also Israel, is superficial at best or purposefully excludes the top threat the Saudis face, to promote their point. It would be
surprising from a geopolitical expert so it can only be deliberate. Unless the expert is a bit of a showman. Peter excels at this sort of great sounding but surface exposition.
Saudi has a strategic importance that is more than just the oil in the region. Trade is vital to Europe and Asia. Way before oil, the Brits and the French colonized seperate sides of the Bab El Mandeb. Yemen is a basketcase and given its mountainous and desert terrain, no outside power has ever controlled more than 40 some % of it in modern times. The Yemenis can hardly maintain a unified country and are still in a civil war from 2011.
The other side of the Red Sea in Africa is worse with ongoing war in Sudan, frequent conflict in Eritrea and Ethiopia and around the corner Somalia. Djibouti is a potential WW flashpoint. That China AND Japan have their only overseas naval bases there, highlights just how important this trade route remains. (Around Africa is still costly and takes too long.)
Thanks for the knowledge Peter.
More like ignorance. Cuz he ain't say nothing that is relevant in real time.
The US didn't want the oil from the Middle East, but the US wanted all oil to be priced in USD. That pushed the USD into the role of global reserve currency and ultimately resulted in the US' power and wealth today.
No, usd became the global reserve currency in 1944, 30 years before the petrodollar deal. It became the petrodollar because it was the reserve currency, not the other way around. And also because the US was the only credible security guarantor for the Saudis.
Not true at all. The US became the world’s most dominant economy sometime after the Civil War between 1868-1898. All this other nonsense is just fanciful thinking from people who hope the US order will fail and America will collapse when it does. It is a dangerous conclusion that doesn’t make much historical sense.
@@jovelo902
And replacing the gold standard earlier on.
You got it the other way around. It's not the US who wants to pay for oil with dollars. It's the oil producers, who want dollars for their oil, because all other currencies are basically worthless.
It doesn't matter any more. You see because of NAFTA America, Canada, and Mexico is now 1/3 of the entire world economy. There is no currency that can handle the volume of trade. So most people still just price it US dollar because their local currency is worthless or just to teeny tiny to be worth anything and no one wants to buy anything from small countries that really don't have any manufacturing.
A few takeaways from this, but the main one I'm not going to lie, (and from previous videos) is I now want to visit the Yosemite National Park 😍
One of your best videos yet painting a dire prophecy for that godforsaken hate filled region
Start the popcorn! I've been waiting my whole life for this.
It was always forecast as going to end up that way since I was a lad 50 years ago and nothing much has advanced in the region since, it appears the majority religion is holding it back and will return it to its old ways fairly shortly after the money runs out, and I think a hundred years might be on the optimistic side!?!
@@TomTomicMicforecast is 1 million degrees....💥
America jumping from fentanyl addiction to copium.😂
I have a feeling that the bond will grow even deeper
Why wouldn't the Saudis just develop nuclear weapons as a security guarantee in this event? Why wouldn't everyone? Isn't nuclear non proliferation the real reason the US acts as a security guarantor for half the world? Doesn't that go out the window and we wind up with 50 nuclear armed states immediately after the US decides to become a 'disruptor' rather than a stabilizer?
Because they don’t have the scientists to make them or the military structure to control them and they’re afraid of building a capable military, because that could overthrow the Royal Family.
exactly. peter seems to just ignore this danger and pretend like it's no big deal if every country in the middle east becomes a north korea. he even pretends to think iran isn't capable of producing a nuclear detonator.
MBS spoke on that. He said that nuclear weapons were evil and nobody should have them, but if his enemies got nuclear weapons then he would be compelled to have them.
They don’t need to develop nuclear weapons. The moment the US steps out of the role it is playing now, China will most happily step into the same role. Granted they don’t have the same level of military expertise or even a navy as large as the US but they have enough to keep all other countries in the region barring Japan and maybe India in check. They have 3 aircraft carriers longer than 300m and are believed to be building 3-5 more.
If Saudi Arabia and the US move apart then what happens to the Petro-Dollar? As it is the US has a $34T accumulated deficit. If they lose they position as the default trade currency in a commodity as vital as oil would that not also affect their overall economic leverage?
@@navinadv There is no viable replacement for the dollar. By the time there is the world will likely only be using 25% of the oil it is now.
It's refreshing to hear Peter acknowledge "a lot of rounding errors and caveats" in a statement.
Guess which industrial country is the closest to the Middle Eastern oil: Turkey.
Guess which one that Peter mentioned is the most incompetent!?!
Since when is Turkey considered a manufacturing country?
@@ryankline1164 look at the trademap
Wrong. There is one country that is barely 1000 miles away and can lock down the Arabian sea on 4hrs notice.
Oh my, I have skied about 300 different resorts worldwide, and I can only think of one place that has as majestic a view as Pete's background: Crans-Montana, CH.
"My father rode a camel, I drive a Mercedes Benz, my son will drive a Rolls Royce, and his son will ride a camel."
What’s the point?!!! People keep repeating like if something is wrong with that
Just love the scenery.
Saudi does not need expats nearly as much as they once did. Saudi has a much stronger workforce now.
Still not self sufficient. Problem is that jobs go to Toadies and not competent . Saudi now has 18 million people mostly unemployed. Many are unqualified and only accept execyjobs.
@@knoll9812nope… not even close to true.
Learn more about Saudi Arabia today.
This is gonna be a wild century, thank goodness I'll miss most of it!
😀
the middle east has always been of shaky ground (metaphorically) - there's not much there unless you're interested in sand or oil an the oil reserves are finite - it will eventually cease to be economically viable to tap that reserve. the Saudi's (and the UAE as a whole) needs to divest away from petroleum asap, maybe switch to solar power production/export if they want to stay in the international energy market, but anything else at this point. if they dont their economies will be in freefall... and, like Peter says, the Saudi's are largely reliant on ex-pat oilfield workers - they have next to no domestic capability to export crude oil.
They've chosen to ruin golf and buy soccer/football teams instead. Oh, and build linear cities in the desert. Get the popcorn ready. This is going to be fun.
Their biggest problem is still water. This is why they are trying to bolster their economy in strange ways with entertainment and tourism. If they could get access to a decent water supply, they could become an agriculture powerhouse.
@@Nylon_riot Very true. Most people don't realize that deserts actually have productive soil due to the lack of rain. That said, I have ZERO faith in the Saudis to pull this off.
Picking fights today. Props.
This man dreams a lot with so many hypothetical situation. Worse is when he sounds like he knows what he's talking about when he actually do not.
And how many governmental agencies throughout the world are inviting you to speak about the changing world. While I don’t agree with all Peter discusses, you saying he knows nothing only shows how little you understand.
Fascinating .. I never realized the point that the US always needed that oil not necessarily for themselves, but for their allies in globalization in order to fight the Cold War.. thank you for educating me again Peter 🙋🏻♂️
Zeihan should be nominated for an Oscar for fantasy 😂
always good