Let's clarify, there are still Mega-RISKs, under Drump dictatorship, living will be awful, gays/trans/minorities will be severely persecuted. American tech leadership could evaporate overnight as the Indian/Chinese go home, /are killed.
Black gang violence will intensify, potentially to civil war levels.
Those are "Risks though", "Not certainties", as long as they don't kill the Asians, America will remain relevant technology side of things. But if they kill the Asians, we're done.
Remember, we are IN the 3rd-oil crisis, and we can't recycle the petro-Dollar this time, Central banks have already decided to de-dollar-fy, they've moved into GOLD/ Gold derivatives.
America's main export IS $Dollar Debt, we literally produce nothing else useful. Our current state of economy is the most severe form of the Dutch-Disease.
Under Democracy-AS-IS, nothing gets done, status quo, we go to 500ppm, no-agreement in sight, $Dollar inflate.
The only other option would be to cut entitlements, medical, military, Doesn't seem like anyone has appetite for that, so big-INFLATION and Yield curve control is our only monetary option.
The Tifffff with Putin is just ludicrously stupid, He's got diesel fuel, the true lifeblood of "economics."
So, going forward with Gold, they can say, Ok, 100barrels per ounce. Who can stop them?
Did we manage to STOP the Russian economy?, with all the sanctions, we couldn't touch the Oil, it kept going. We've done next to no damage.