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FWIW, I watched one of his videos also just 2 weeks ago: https://www.youtube.com/watch?v=feU7HT0x_qU https://www.youtube.com/watch?v=feU7HT0x_qU He describes
by dmichulke 8y ago
FWIW, I watched one of his videos also just 2 weeks ago:
https://www.youtube.com/watch?v=feU7HT0x_qU https://www.youtube.com/watch?v=feU7HT0x_qU
He describes that the US is now in a position to isolate itself and will do so. While I largely would assume that's a valid prediction, I believe he forgot to mention one fact:
The USD will (in the scenario he described) lose a lot of value (why should foreigners hold US debt or currency in his scenario?) to a degree that will lead to major calamities in the US. Those in turn affect the politicians in a way, that usually leads to scapegoating others (the Chinese, the Europeans, the Russians, ...) and possibly even to a distraction war (you know, show strength, punish the others who really deserve it, we all must stand together now, ...).
That whole thing will be a major counterforce to the isolationism he predicts.