You may be right.
I would suggest that in previous bubbles we did not have a government in power that was so completely invested in the destruction of capitalism, Obama terms 1+2 notwithstanding.
This is true. But if what James Gordon shows is right, in fact gubment plays a pretty small role in anything.
Peter Zeihan, an expert on oil and world markets, has shown that there were major structural movements in a “MAGA” direction before Trump. China, for example, is rapidly aging and by 2030 will be OLDER per person than the US. They can’t begin to keep up with their energy demands. So as the US pulls back internationally-—which happens regardless of what Biteme & the DemoKKKrats do-—China will be in serious energy deficiency.