not going to happen any time soon, talking about collapse of USD. The reason, there is no viable alternative on horizon.
It's not accurate to say JP Morgan predicts $380 oil. They indicated that was a worst case IF Russian energy did not leave Russia, but they are not expecting Russia will stop exporting energy.
If the USD collapses, then what is the cost of oil in...Something? It will not be $400 USD, because the USD is gone, remember? So what will it be in Polish Zlotky?
Biden's spin: "Make America shit again." I guess Cathy Wood can at least use him to save grace on this failed prediction: