Maybe but they can still boot stomp Taiwan. I also think Zeihan is way to fixated on the way things were and not neatly awake enough about the way things are. Our country is hopelessly infiltrated from within and they are systematically attempting to deconstruct it. We don't even have any oil or weapons stock piles remaining because we foolishly gave them all away to another foreign war.
Here's something to consider. Basically the presence of the convergence effect of hard assets. My thesis is that as investors flee to safety into fewer and fewer asset classes (already hardening with FAT and tbills). This eventually caused the Nether to have more synchronized, convergent power then the central banks. This is already happening. T bills are being priced outside fed rates. Then finally hard assets become the only derivative that serves as settlement. https://www.zerohedge.com/economics/hard-asset-inflation-paper-asset-deflation-theory
PS- there's a huge lag effect with oil. The impacts created by cutting domestic supply 3ish years ago are just starting to get noticed and they'll have crushing effects before supply can be reestablished.
Yeah settlements would require something else probably a remnant source of demand for eurodollar system but more the size of m1 not m2 and certainly not of net liabilities
Maybe but they can still boot stomp Taiwan. I also think Zeihan is way to fixated on the way things were and not neatly awake enough about the way things are. Our country is hopelessly infiltrated from within and they are systematically attempting to deconstruct it. We don't even have any oil or weapons stock piles remaining because we foolishly gave them all away to another foreign war.
Here's something to consider. Basically the presence of the convergence effect of hard assets. My thesis is that as investors flee to safety into fewer and fewer asset classes (already hardening with FAT and tbills). This eventually caused the Nether to have more synchronized, convergent power then the central banks. This is already happening. T bills are being priced outside fed rates. Then finally hard assets become the only derivative that serves as settlement.
https://www.zerohedge.com/economics/hard-asset-inflation-paper-asset-deflation-theory
PS- there's a huge lag effect with oil. The impacts created by cutting domestic supply 3ish years ago are just starting to get noticed and they'll have crushing effects before supply can be reestablished.
Yeah settlements would require something else probably a remnant source of demand for eurodollar system but more the size of m1 not m2 and certainly not of net liabilities