Yeah, he's right about a bunch of stuff, he's just wrong that "it's all going to fall apart in a matter of days". Things will happen negatively, in many markets, but corporate profit motive in the west and Asia will do its damnedest to find other sources of whatever products and resources, and will find ways to mitigate things... and they will largely succeed. What will happen is wealthy people and wealthy countries will continue to be wealthy and get wealthier, and everyone else will gradually increase their speed circling the drain.