Will Skilled Immigrants Dominate the Future of the U.S.? | Peter Zeihan
In this insightful video, the unique dynamics of immigration in the United States are explored, particularly focusing on the varied socioeconomic backgrounds of immigrants and how they impact American society. The video highlights the distinct immigration flows to the U.S., contrasting skilled migrants from around the world with less skilled labor from Mexico and Central America. It delves into the socioeconomic differences within Mexico itself, emphasizing how regions vary in economic development and migration patterns.
The discussion extends to the broader implications of these migration trends on the U.S. economy, political landscape, and societal norms. It considers the upcoming shifts expected as the U.S. steps back from global engagements, predicting an increase in skilled migration reminiscent of the mid-19th century. Additionally, the video addresses the anticipated decline in less skilled migration due to demographic changes in the developing world.
The narrative also covers the impact of these shifts on real estate markets, particularly in New York City, where international capital has significantly influenced property values. The analysis explores how aging demographics in New York and other parts of the U.S. are changing the real estate landscape, pushing capital to secondary cities and altering the dynamics of urban growth and decline.
The video concludes with a look at the broader economic shifts, particularly in manufacturing and regulatory environments, contrasting states like New York with more business-friendly regions such as Texas. The implications of these differences for future economic development and migration are thoughtfully examined.
Peter Zeihan is an American geopolitical analyst, author, and speaker. He analyzes data from geography, demographics, and global politics to understand economic trends and make predictions.
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http://zeihan.com/newsletter/
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