model
He treats OPEC fragmentation as a positive shock and argues U.S. domestic energy abundance can reduce exposure if sustained at scale.
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Resource Independence
He treats OPEC fragmentation as a positive shock and argues U.S.
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"We're going to have entertainment and sport and so on. You know, we're seeing a dramatic dialing down of investment in things like golf...."
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Transcript
"at our neck where they could just by turning on and off the spigots, they could really throw the American economy into recession and..."
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Relevant Lectures And Readings
Reading
Jiang reframes Hormuz disruption as a production-system collapse and argues that escalation incentives make the Iran conflict a political-economic choke point beyond price shocks.
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