Your point that “people will be gobsmacked” suggests you think you know something that the broad market does not. In a loose way, that implies the market has enough information to anticipate this but is not pricing assets accordingly. Asked another way, why not just short American assets if you are convinced of your hypothesis? Why live here, assuming you do?

The efficient market hypothesis, read loosely, says that capitalism is the best system. Yet here it is being thoroughly pwned by a series of 5-year plans.