Stephen Leeb - If Not Hegemony, What Does China Want?
SBTV spoke with Dr. Stephen Leeb, author and founder of Leeb Capital Management, about how China's rise threatens U.S. prosperity. If China is not seeking hegemony, what then is China after? What are China's plans with regards to the Yuan and gold?
Discussed in this interview:
01:49 Understanding China
03:46 China's rise a threat to U.S. prosperity?
07:22 Does ideology matter for prosperity?
17:02 What is China seeking?
25:17 What about China's much-reported massive debt?
33:12 Establishing the Yuan as good as gold
40:26 Gold a part of the monetary system again?
47:39 Getting rid of the dollar as reserve currency
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