Beyond the Brink – Live with Dee Smith & Raoul Pal

Published on
April 20th, 2020
58 minutes

Corona Markets: Welcome to the Twilight Zone – Live with Kevin Muir

Beyond the Brink – Live with Dee Smith & Raoul Pal

Live ·
Featuring Dee Smith

Published on: April 20th, 2020 • Duration: 58 minutes

What does life look like on the other side of COVID-19? This is a question that just about everybody on the planet is asking themselves at this point in time. Will you be able to go back to your favorite restaurant or ride the train without worrying? How will this change the way we do business and interact with one another? And, on a more global scale, how will this impact international relations, foreign policy, and geopolitics moving forward? No question, COVID-19 has turned our lives upside down - as the world slowly recovers though, it is time to start picking up the pieces and figuring out if we can put the puzzle we used to call life back together? To this end, Dee Smith, CEO of Strategic Insight Group sits down with CEO and co-founder of Real Vision, Raoul Pal, on this week’s Real Vision Live. They will leave no stone unturned as they dig into everything from societal changes to geopolitics and financial markets in a post-coronavirus world.



  • PP
    Peter P.
    26 April 2020 @ 13:33
    Fantastic catch-up - Thank you both.
  • CT
    Chris T.
    25 April 2020 @ 20:18
    W we’re ewww er erränget ewww e er e was to
  • SB
    Stephen B.
    21 April 2020 @ 18:55
    Dee Smith seems knowledgeable and the video is worth watching but (like nearly all political commentators) he doesn't want to address the elephant in the room ie. the disproportionate power and influence of the IMF, BIS, the western Central Banks and agents such as Soros. For instance, do they really have an agenda to implement a global digital currency (that they alone issue and control I.e. not Bitcoin) ?Without addressing these core issues, political commentary is rather superficial.
    • PQ
      Peter Q.
      24 April 2020 @ 15:12
      His relationship to UT colors his view about the crisis brought on by the elites IMO
  • PQ
    Peter Q.
    24 April 2020 @ 15:05
    If Covid 19 was human made, that's one thing. But it is dangerous to push a narrative that it could have been prevented. I also disagree that globalism was liberal. It was authoritarian and consolidated power in the elites. It created fixed economic relationships that are imploding (Euro).
  • TP
    Timothy P.
    21 April 2020 @ 16:31
    I'm just pleased the cue ball has made a reappearance. I think its Raoul's secret code -- when its on the table the Dollar Index is going to rally.
    • JL
      Jack L.
      23 April 2020 @ 02:56
      Cross fingers. I'm still holding my Jun 19th $29-strike UUP puts from early March...
  • JL
    Joel L.
    22 April 2020 @ 06:59
    The volume of information in this interview is astounding! Top Notch, Real Vision!
  • JD
    James D.
    21 April 2020 @ 03:40
    Eclectic book collection too - including the Kama Sutra!...That one is for an adults only Real Vision edition?
    • JL
      Jack L.
      22 April 2020 @ 04:09
      Lol nice catch!
  • WM
    Will M.
    21 April 2020 @ 23:23
    I sincerely hope we don't go down the road of "reparations from" or "cancelling debt of" China. Quick way to war.....
  • SL
    Simon L.
    21 April 2020 @ 23:01
    Really interesting conversation thanks you.
  • BB
    Bojo B.
    21 April 2020 @ 20:09
    The virus kills China’s Silk Road, is a perfect scapegoat for the financial collapse, and digitalization of everything, enhances police control, possibly introduces vaccination with a nano-chip, bans cash… The act of Batman seems terribly convenient for some. Also, terrorism, WMD, Assad, chemical attacks, Skripal, the Russians… every manufactured mass hysteria has been a scam.
  • SB
    Stewart B.
    21 April 2020 @ 17:45
    The big problem is that Liberalism today has become Socialism and Crony Capitalism. We to return to Liberalism!
    • SB
      Stewart B.
      21 April 2020 @ 17:53
      There is nothing 'Liberal' about massive bureaucracies, technocracies, forcing all cultures to be homogeneous, outlawing free speech, central banks manipulating interest rates, politicians in bed with the largest corporates, and the bailout culture.
  • GL
    G L.
    21 April 2020 @ 13:08
    Great interview - thank you! On the point about EU sharing of medical supplies: I think Dee's assessment is incorrect. There is tremendous cooperation within the EU - see link below as one example. I know the UK is not in the EU PPE scheme due to a 'clerical error' on the UK side (the UK apparently forgot to join before the deadline - basically the country is being driven by Brexiteer zealots). I know EU disharmony is a narrative that taps a rich vein of interest in the anglo-saxon press, but the narrative is tired and over-played somewhat. Also the same disharmony could easily be applied to the US or other supranational blocs around the globe. Within the UK, despite shortages of PPE and delays to imports of the same, local suppliers are being stone-walled by NHS trusts due to a combination of gross incompetence and stiffing bureaucracy. We have a situation where UK PPE suppliers find it easier to sell to nations in the EU, the middle east and the US than to sell domestically to the NHS.
    • SD
      S D.
      21 April 2020 @ 16:02
      The UK is sending PPE to Europe despite critical shortages in its own supplies that are costing lives, and it's not incompetence but contractual obligation as a hangover from the hated EU commitment. So your Brexiteer jibe is offensive and irrelevant. Only a zealot would fail to recognise the irreversible damage done by a country - Germany - who refuses to supply another country - Italy - with face masks in a time of great need. With friends like these .....
    • SD
      S D.
      21 April 2020 @ 16:11
      The real issue, which Smith was identifying, was the failure of these trans-border constructs because when push comes to shove, it is only tribal allegiances that can be relied upon. He was not specifically attacking the EU, but he was correct to identify the PPE shortages as a particularly resonant issue in Europe. Don't worry, it'll soon be overtaken by Germany's response to an Italian default, which, as an EU cheerleader, you'll have a much harder time excusing.
  • SD
    S D.
    21 April 2020 @ 04:05
    What sort of narratives is Dee Smith anticipating?
    • SD
      S D.
      21 April 2020 @ 16:04
      Environmentalism has been approaching quasi-religious status for a while.
  • RB
    Randy B.
    21 April 2020 @ 13:01
    Great interview but i do find it interesting how a Internet fake news story (Ecuador reference) can perpetuate to the major news outlets and then make it here.
    • SD
      S D.
      21 April 2020 @ 16:03
      There is photographic evidence.
  • JV
    Jonas V.
    21 April 2020 @ 15:36
    So if the supply chain shifts from China to North Africa (Morocco, Algeria, ...) does this mean that consumer demand in China will decrease and will increase in North Africa? What are the effects in China?
  • ab
    alfred b.
    21 April 2020 @ 15:03
    Good macro view. Thanks
  • RK
    Roger K.
    21 April 2020 @ 12:17
    What is going on ? with different point of view:
  • tc
    thomas c.
    21 April 2020 @ 10:16
    Thanks for bringing back Dee, a practical minded visionary. Yes new paradigm is probably right but it's more than just technology, politics, business. It's a process and all the points raised right on but when added up the sum is a fundamentally different civilization. Looking at all the point values won't explain it. I think Dee dropped a very important clue - we will have more respect for nature.
  • KB
    Kirk B.
    21 April 2020 @ 03:56
    Fascinating, provocative interview regarding the big picture. We have clearly entered a chaotic social, cultural, political and economic transitional period--a period that Strauss/Howe called a Fourth Turning. I recently reread their book "The Fourth Turning" written in 1997. It is amazingly prescient about the period which we are currently in. Yet, while their theory of 80-year saeculum (lifetime) cycles based on generational change has some credibility, it does seem simplistic. There are clearly reoccurring cycles within American history and different generations do respond to such changes differently, forming a consistent pattern, but there is clearly more in play. I just completed the book "The Storm before the Calm" by George Friedman that was published this year. He identifies two types of basic cycles in American History: Institutional Cycles (which redefine the relationship between the federal government and the rest of American society) that last about 80 years, and Socioeconomic Cycles that last about 50 years. What he identifies as unique about the 2020s is that, for the first time in our history, both of these cycles are reaching points of crisis at essentially the same time. He therefore opines that the 2020s will be one of the most difficult periods in American History. He does observe that, like past cyclical crises, we will survive this crisis and thrive, but this crisis will be a process with significant chaos, and it will be resolved through significant changes in our society, our economy, and our institutions. It is not clear yet, as Dee Smith observed, what these changes will be, but we need to be very aware of these changes as they unfold. They will affect our finances, our investments, our families and our life styles. (Using RealVision's search feature, it appears that the last time RealVision interviewed George Friedman was in 2015; perhaps, it would be timely to interview him again.)
    • DG
      Danko G.
      21 April 2020 @ 06:46
      Great comment, and I definitely agree about interview with George Friedman.
  • HH
    Henry H.
    21 April 2020 @ 02:37
    This interview is a bit underwhelming I must say. Raoul, you know Kyle Bass is much more knowledgeable on geopolitics and implications to the economy. Would love you see you interview Kyle to get his latest thoughts.
  • BM
    Bryan M.
    21 April 2020 @ 02:31
    What a privilege to be able to listen to really smart people in the comfort of one's home. This one with Mr. Smith was a standout as well.
  • JL
    Joseph L.
    21 April 2020 @ 01:22
    Spectacular interview! Excellent perspectives throughout and a powerful wrap-up in the final minutes.
  • SS
    Shanthi S.
    21 April 2020 @ 01:18
    This was great! Thank you! Wonderful to hear some deep thinkers reflect on the present and future.
  • BF
    Billy F.
    21 April 2020 @ 01:00
  • sh
    steve h.
    20 April 2020 @ 23:03
    I really liked this interview... I think it will be hard but we have a large young population, and with this group and with all the new technology we are developing, will really help transform things. Not with out pain.
  • DM
    Dominic M.
    20 April 2020 @ 22:45
    Great conversation - thanks, gentlemen.
  • DL
    Dan L.
    20 April 2020 @ 22:33
    Covid-19 is a sledge-hammer to an old system that was already fragmenting, most notably through the weakening of institutions and their inability to keep pace with environmental and technological change. I am fairly certain that the new paradigm, rather than being built around institutions, will be based on software and autonomous transactions. The piece that is missing is how to beneficially govern and regulate those transactions in a way that adapts to what people want and need as environments and circumstances change and evolve. As long as we remain stuck in the conceptual box of the Wealth of Nations, the old is bound to drag on, no matter how broken things get.
  • DS
    David S.
    20 April 2020 @ 22:20
    Always a pleasure to hear and listen to Mr. Smith. We need to have Mr. Smith on more often. Thanks. DLS