Janet Yellen and Jerome Powell will be remembered by historians as 2 of the greatest Americans.
1/
Yellen resisted Obama's pressure to lower rates, regardless of threatening calls by Valerie Jarrett.
Whereas Powell told off Trump refusing to lower rates, until COVID. Powell even told Trump to his face, that in case he is fired, he will take the case to the supreme court
2/
Due to disintegration of supply chains under way, there is no more political pressure to keep rates low, so they will hike rates and remove dollars from system.
3/
Rates will be hiked and dollar scarcity will be taken to extreme point of keeping crude oil cap to $40 per barrel max for several years, in order to disallow #EnergyStarvation
4/
This will cause many bankruptcies of insolvent businesses which will be purchased cheaply at cents on the dollar by solvent investors. No operation will shut down, there will only be change of ownership.
5/
10 year UST yields will vary between 6 to 10% on a remaining US federal debt of about $10-15 trillion, as the fed will remove about $15-20 trillion from the system during the next 8-10 years.
Pensioners will earn deserved interest from their savings from hard work.
6/
By 2030, the supply chain breakdown under way would be halted and an economic boom will begin.
During these years lots of businesses will move out of China.
China will revert to the normal Too Big To Manage Operation of competing local elite families.
7/
Russia will remain Russia as usual, never too strong, never too weak, never reliable, never trustful.
EU is in practice right now dead, going through a reverse operation back to US controlled European Community model, pre-1993, as EU now is Yugoslavia on Steroids.
8/
So, great news folks. Big Economic Boom awaits us from 2030sh, thanks to Janet Yellen and Jerome Powell.