I can speak to this a little. I lived in S.Korea from 2014-2019. By the time I left, the "american" franchises had exploded, and so had the koreans waistlines.
I had a very wise friend who pointed out this was how the US took over the world -- not with guns and bombs but by infecting the world with our bullshit corporatism.
I like Zeihan for big picture demo-geographics, but monetary expert he is not, that's for sure. He's just regurgitating talking points .
Chinese are in a trap, but unlikely to repeat the mistakes of Japan in same way.
Japan and Korea were also 100% USA's bitches.
China is not and does not want to.
I can speak to this a little. I lived in S.Korea from 2014-2019. By the time I left, the "american" franchises had exploded, and so had the koreans waistlines.
I had a very wise friend who pointed out this was how the US took over the world -- not with guns and bombs but by infecting the world with our bullshit corporatism.