https://philosophyofmetrics.com/the-coming-collapse-of-communist-china/
It’s June 26, 2019 as I write these words. Change is happening
before our eyes across the geopolitical and monetary worlds. So much is
happening so fast and few analysts and media presenters are putting the
pieces together. The explosive growth of the crypto market is just one
prime example of how key indicators are being ignored across vast
sectors. This is where we loop back to the beginning of our own
analysis.
Massive global changes almost always center around large monetary
changes and shifts in how the wealth of the world is managed and moved.
Our time is no different. The imbalances in the dollar-based monetary
system has found a solution in the form of digital assets and digital
ledgers. Blockchain solution companies like Ripple have been working
with government regulators, central banks, and monetary policymakers for
years on developing these solutions. This fact has been grossly missed
by most armchair and mainstream analysts.
Decentralized ledger and cross-ledger solutions have been developed
which will replace the sovereign USD reserve function with non-sovereign
and non-reserve capabilities to move value around the world and balance
payments in seconds at fractions of the cost. Even the IMF itself is
working with Ripple and other blockchain companies on these solutions.
China had pushed hard for the SDR to become the dollar alternative
but now even the IMF themselves appear to be moving towards a digital
ledger solution to replace the traditional reserve role of the dollar
and other Western currencies. This would suggest that China is running
out of road and will soon find its banking industry collapsing from
within as the USD-polar monetary framework which it depended on for its
“miracle” growth is now being replaced with a real and tangible
alternative. The Communist Party of China will not survive this
transition but China itself will both survive and thrive in the years
after.
Ripple and other blockchain companies are partnering and aligning
with banking and business interests in China because of the size of that
market. These interests will re-align with the realities within China
as the Communist Party collapses and capital outflows and inflows search
for new roads. Bitcoin itself will be one of these roads and could
very well see that cryptocurrency reach astronomical valuations as
capital flees a fragmenting China.
Don’t blink because the world is about to change. - JC
No comments:
Post a Comment