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May 8, 2025 88 mins

Episode 415 is the third episode in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with some of the smartest and most plugged-in people they know to help them navigate the once-in-a-century economic, political, and geopolitical reordering that is currently underway.

In this episode Kofinas and Williams speak with economic historian, author of “The Solid Ground Newsletter” and Keeper of the Library of Mistakes, Russell Napier about the end of the economic, monetary, and global trading & security order that has been the largest single driver of global growth over the last thirty years.

The consequences of the changes discussed for economic and national security, social cohesion, investment, and wealth preservation are nothing short of tectonic. Points of discussion include:

  1. The Trump administration’s economic and trade strategy

  2. Efforts to isolate China

  3. The creation of new monetary systems

  4. The search for new safe assets

  5. The realignment of global power

  6. The escalating risk of war with China

There is also a long and detailed discussion about how investors can position themselves for:

  1. The accelerating repatriation of capital flows

  2. The onset of capital controls

  3. A prolonged period of financial repression in which wealth preservation will take precedence over making money and chasing outsized financial returns.

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