“It's a mistake to suggest that the times of turbulent change can be waited out and things will return to normal; It won't.”
“If the US and the West impose destructive sanctions on China like sanctions against Russia, we must recover Taiwan. We must seize TSMC.”
The Fed said everything was under control, but Jay Powell's "softish" recession is as close as it gets to whispering fire in a crowded theater.
It doesn't matter if we “drill, baby, drill” and Biden lifted regulatory bottlenecks, as we don’t have the refinery capacity to match demand.