I will note there is a question mark regarding investor 'experts' knowledge on geopolitics. For example the notion that pipelines in the gulf states will ultimately negate reliance on the SOH. The war is far from over and it should be clear Iran is in the process of expelling the US military from the gulf states. Pipelines have zero effect when Iran can simply destroy oil and gas producing facilities at source. If the war progresses as I expect it will, the gulf monarchies will be forced to pivot away from Western assets and Western influence.
His book title "Colossal Failure of Common Sense" says it all; the 2008 crash was not a failure but a Colossal Fraud; McDonald either doesn't know it (so he is ignorant) or is manipulating the truth (so he is a liar).
Either way, I don't even care to listen to this guy.
I will note there is a question mark regarding investor 'experts' knowledge on geopolitics. For example the notion that pipelines in the gulf states will ultimately negate reliance on the SOH. The war is far from over and it should be clear Iran is in the process of expelling the US military from the gulf states. Pipelines have zero effect when Iran can simply destroy oil and gas producing facilities at source. If the war progresses as I expect it will, the gulf monarchies will be forced to pivot away from Western assets and Western influence.
Excellent points.
I strongly doubt the US dollar will be dominant for the next thirty years. Things are changing fast.
His book title "Colossal Failure of Common Sense" says it all; the 2008 crash was not a failure but a Colossal Fraud; McDonald either doesn't know it (so he is ignorant) or is manipulating the truth (so he is a liar).
Either way, I don't even care to listen to this guy.
There is heavy market manipulation.