It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Monday, July 01, 2019

The Coming Collapse of Communist China

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