It’s not good news and just wait for the real economic trouble to begin when global oil trade is conducted in denominations other than our $SD
This can all be reversed with the right political leadership.
When Trump is once again President we can “Drill, baby, drill”. The last time he was in we became the world’s largest petroleum producer. This, along with the reinstated Keystone XL pipeline (force EPA and DOJ to accelerate it) filled with Canadian oil, can reestablish our oil dominance. BTW, want cheap American oil? Pay us in dollars.
Then let’s have a Manhattan project-level plan to reindustrialize, with modern techniques and highest-level technology, our industrial base and get off China’s economic heroin. Don’t subsidize stupid solar and windmills—subsidize American chip manufacturing! If this means zero taxes for companies making stuff in the USA—let’s do it! New workers will make up the tax revenue and get young people money.
Lastly, our military. Let’s remake it without the Woke BS, concentrating on defending the USA, not warring all over the damn world!
Can we hold out for almost two more years?