They have some facts backwards like default destroys fiat, but the short term conclusion is sound. Im not convinced he has enough of a full understanding to predict beyond a few years, and he dismisses the power of the US consumer to stabilize the world economy by pressing for more foreign goods. As soon as Brandon figures out that China is intentionally blockading seaports to slow US imports and thus slow injection of dollars into the world economy and cripple rebuilding of domestic production, and he uses the merchant marines and allied navies to organize ocean shipping; everything we're worried about today will magically disappear. I just have no way of knowing how long the administration will shake in fear before they act, if at all.