Posted on 05/25/2022 11:22:58 AM PDT by dennisw
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COLA was 5.9% in January....far from what’s real right now.
” nor is there reason to expect the U.S. dollar to go anywhere but up for years to come.”
This guy just mouths the establishment narrative. He’s nuts if he thinks Europe and the rest of the world will boycott Russian oil & gas as they sink into an economic depression. The dollar may rise short term, but the western financial system is itself at stake. Let’s see how Europe feels about things next winter when their gas and heating bills double and their factories are shutting down.
It is not necessary to wait until winter. All sorts of businesses and transport rely on a steady supply of energy, and that supply for Europe is in significant part Russian. One doesn't need to see a blackout here and there, for brownouts in a few highly visible places will do the trick, so to speak.
Brown is the new green, which was the new Red.
I have watched about 100 of his videos and learned something from everyone of them. A very smart man
You are smarter than me. I have only seen 5 or so. ZZZZ_Zeihan is the Man!!!
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