The New Economic Order as The West Loses Control with Warwick Powell

Interview recorded - 2nd of February, 2025 On this episode of the WTFinance podcast I had  the pleasure of welcoming back Warwick Powell. Warwick as an Adjunct Professor at the Queensland University of Technology working at the intersection of China, digital technologies, supply chains, financial flows and global political economy & governance. During our conversation we spoke about tariffs, potential retaliations, the hollowing out of Western manufacturing, the new world order, worlds need for dollars, Chinese self sufficiency, deep seek and more. I hope you enjoy! 0:00 - Introduction 1:53- Tariffs 5:53 - Chinese retaliation? 9:38 - Does US have a reason to implement tariffs? 14:33 - Hollowing of Western manufacturing 17:21 - Link to financialisation and globalisation? 19:53 - World need dollars 22:23 - US consumption 25:53 - China being self sufficient 28:28 - China greater risk of external factors? 32:43 - Limitation of growing manufacturing 36:07 - Deep seek 41:13 - Opensource in China? 43:58- Soft power 45:21 - Global economic change 47:58 - One message to takeaway? Warwick began his career in academia, teaching Chinese history and European cultural history at Griffith University. He graduated with First Class Honours and is the recipient of the prestigious University Medal for Academic Excellence. Warwick was also awarded a Department of Foreign Affairs and Trade scholarship to undertake postgraduate studies at People’s University, Beijing. He deferred his studies to begin work for Kevin Rudd in the Queensland Government. He is the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank focusing on developing links between regional Australia and the markets of Asia. Through this work, Warwick has experience in diverse industries including cattle and sheep production and processing, information and communication technology, infrastructure, energy, natural resources, travel and tourism and property development. He is a director of a number of funds management companies responsible for funds established under an ASIC-approved Australian Financial Services License. He is a member of the Central Highlands Accelerate Agribusiness Advisory Board and was the founding Treasurer of Innovation NQ Inc., a not-for-profit innovation incubator in North Queensland. He continues to teach professional courses in areas such as innovation, creativity, regional economic development and blockchain technology with James Cook University, QUT and Edith Cowan University. Warwick Powell:  LinkedIn - https://au.linkedin.com/in/warwickpowell Substack - https://substack.com/@warwickpowell  Twitter - https://x.com/baoshaoshan WTFinance - Instagram - https://www.instagram.com/wtfinancee/ Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4 Twitter - https://twitter.com/AnthonyFatseas