In this discussion with Andy Millette, I examine the shared intolerance of wokes and Third Worlders, the fragility of secularism, and why societies without deeper moral foundations quickly descend into coercion, resentment, and emotional tribalism.

We also discuss China’s property market, why the Chinese government has allowed parts of it to crash, and why I remain broadly bullish on East Asia, particularly China, Korea, and Japan.

Watch the full discussion below:

Key Takeaways

• Why wokes and Third Worlders often display similar intolerance
• The weakness of secularism without moral foundations
• Why emotional tribalism replaces reason in decaying societies
• China’s property-market correction and why Beijing has tolerated it
• Why East Asia remains more promising than most of the world