This is a crossover episode with the Seeking Truth From Facts podcast.   (00:00) - Iranian missile attack vs Israel and missile defense (13:10) - Is there potential for a 1973-style oil crisis? (21:41) - Is NATO getting tired of the proxy war in Ukraine? (25:43) - Why has Europe declined relatively since 2008 and what are the consequences of said decline? (30:13) - Is procyclical European fiscal policy to blame? (34:51) - Has China's infrastructure boom been a white elephant? (41:37) - China's energy grid and solar energy transision (46:57) - Will India catch up to or overtake China? (57:06) - Is liberal democracy really necessary for long-term economic prosperity? (01:00:14) - How did Lee Kuan Yew transform Singapore?   Links:   Iran ballistic missiles and missile defense https://stevehsu.substack.com/p/iran-vs-israel-implications-for-missile   Pershing 2 Missile https://x.com/hsu_steve/status/1843450614552113316   Russia-Ukraine war and Iran blowback https://x.com/hsu_steve/status/1844551899103863154   India development https://x.com/hsu_steve/status/1814994391502667953 https://x.com/hsu_steve/status/1815047688829706279 Music used with permission from Blade Runner Blues Livestream improvisation by State Azure. -- Steve Hsu is Professor of Theoretical Physics and of Computational Mathematics, Science, and Engineering at Michigan State University. Previously, he was Senior Vice President for Research and Innovation at MSU and Director of the Institute of Theoretical Science at the University of Oregon. Hsu is a startup founder (SuperFocus, SafeWeb, Genomic Prediction, Othram) and advisor to venture capital and other investment firms. He was educated at Caltech and Berkeley, was a Harvard Junior Fellow, and has held faculty positions at Yale, the University of Oregon, and MSU. Please send any questions or suggestions to [email protected] or Steve on X @hsu_steve.