He makes a lot of his predictions based on demography and geography. For instance, he predicted years ago that Russia would HAVE to do what they are doing now (even the year) because of demographics and geography. He also see's China collapsing in the next decade or so.
As I have said many times... where would you like to place your capial?
Europe
US
Japan
China
Those are your options.
That's why you can be bullish the US.
However when the law no longer matters, we become China. And that is why there is such pushback against the democrats.
Don't like loans? We will forgive them.
You are making too much money? We will create a special tax for you.
Your company isn't doing what we want? EPA coming to get you.
Things we historically would view as impossible are becoming reality.
We are moving to a 'Brazil' film like bureaucracy.
Without the law we have nothing.
LdN