Show Notes
In his May 5, 2024 class, Jiang Xueqin explains to his Chinese high school students how empire is eroding the stability and vitality of the American Republic: From 1950-1980, America's manufacturing sector accounted for 40 percent of GDP, employed 30 percent of its workforce, and enjoyed 40 percent of total profits. Today, it's only 10 percent of GDP, and the financial services sector is ascendant. Financial services account for 22 percent of GDP, enjoy 40 percent of profits, and employs 5 percent of America's workforce. This trend has led to income inequality, divisive politics, and economic volatility. Young people feel they are being left behind, the best and brightest are flocking to Wall Street, and corporations are focused more on financial engineering than on innovation. What's driving this trend? America's empire, which is causing foreign money to flood its economy. And as the empire becomes addicted to easy money it may have to fight a war to defend the petrodollar.
More from Predictive History, Professor Jiang, No Ads
On Friday, October 9, 2026, Professor Jiang delivered a lecture to his Substack Founding Members in Toronto. He argued that current global crises (including the war in the Middle East, the rightward shift in South America, and the US-Canada trade war) can be best explained as by-products of a struggle between the Tech Bros and central bankers to control the nature of reality.
In this Saturday, October 3, 2026 lecture, Professor Jiang explains how Sabbatean-Frankism conquered the world.
In this Zoom discussion, Professor Jiang analyzes President Xi Jinping's visit to the United States. Why didn't Chinese entrepreneurs accompany him, and why were there no major announcements? Professor Jiang argues that President Xi lacks the authority to make any controversial concessions.
On Saturday, September 5, 2026, Professor Jiang was in Toronto, Ontario to lecture on the US-Canada Trade War.Thanks to Cathy Tie for organizing, and Tim Gabor for filming and editing.
On Sunday, August 23rd, Professor Jiang discusses Trump's 3rd Term in Austin, Texas. Thanks to Jintae Cho for organizing the meet-up, and David Rhoads for filming the event.Please follow David's work at: / @postculthouse and Substack: https://substack.com/@postcult