[zAy0LfpBZLC8mAC]

For one, that does not strictly follow, because you can use NAT with globally routable addresses on your home network.

But in any case, the implied assumption was that you also switch to globally routable addresses for all your devices/that we are possibly talking about IPv6, where that would be the norm anyway. The point is that actually usable internet connectivity without NAT and with a stateful firewall has exactly zero differences security-wise vs. a setup that uses NAT and a stateful firewall. That is, except for the fact that all those misconceptions that people have about NAT can make people think that their network is secure when it is not, simply because they have NAT--if you don't have NAT, you can not mistakenly believe that it protects you against inbound connections.