Manifold

This is a crossover episode with the Seeking Truth From Facts podcast. (00:00) - Iranian missile attack vs Israel and missile defense (13:10) - Is there potential for a 1973-style oil crisis? (21:41) - Is NATO getting tired of the proxy war in Ukraine? (25:43) - Why has Europe declined relatively since 2008 and what are the consequences of said decline? (30:13) - Is procyclical European fiscal policy to blame? (34:51) - Has China's infrastructure boom been a white elephant? (41:37) - China's energy grid and solar energy transision (46:57) - Will India catch up to or overtake China? (57:06) - Is liberal democracy really necessary for long-term economic prosperity? (01:00:14) - How did Lee Kuan Yew transform Singapore?  Links: Iran ballistic missiles and missile defensehttps://stevehsu.substack.com/p/iran-vs-israel-implications-for-missile Pershing 2 Missilehttps://x.com/hsu_steve/status/1843450614552113316 Russia-Ukraine war and Iran blowbackhttps://x.com/hsu_steve/status/1844551899103863154 India development