We start today’s double podcast discussing US economic data reality, US import data, interest rate payments and the budget deficit which are all indicative of the US being in economic decline. We then extend that analysis to Germany and in a broader context the industrialisation of the Eurozone and why real estate is causing alarm in Brussels. We conclude discussing another de-dollarisation initiative in Saudi Arabia and why the Global South is demonstrating that it is rapidly becoming the major global stakeholder.