“The USA is going to enjoy a massive surge of wealth in the next couple decades.”
Care to ‘splain where this info comes from?
................
Easy enough. Currently the US economy is being propelled by oil production increases. Lower oil prices will slow production increases down—but light a fire under the US economy. Which higher prices will later cause more production increases in oil. This is a flat reversal of fortunes that have been at work since 1970-73,
There are currently two trillion US dollars parked overseas that American corporations have made overseas—that they can’t repatriate because they don’t want to be taxed. Likely in the next four years—the tax laws will be changed to allow the repatriation of US dollars in foreign banks without tax consequences.
We are in the opening years of another massive technological revolution in manufacturing that will result in most of the US overseas manufacturing coming back to America.
The result of energy independence, repatriation of capital and a new manufacturing revolution will be annual gdp grow north of 4% for two decades or so.