alanbwt on Nostr: The CCP is overrated too 1. No western country will ever want to adopt the Yuan as ...
The CCP is overrated too
1. No western country will ever want to adopt the Yuan as their primary currency. Dalio is delusional in this respect.
2. Their aging demographics are startlingly difficult to overcome. Far more challenging than those of the US or Europe.
3. Their real estate bubble is ready to burst, and there aren’t many other asset classes for Chinese citizens to legally store their wealth, as Chinese stocks are also part of the CCP
4. They lack entrepreneurial spirit post Jack Ma silencing. Who would strive to become a tech billionaire now?
The CCP’s best days are behind it. Tick tock. #Bitcoin
1. No western country will ever want to adopt the Yuan as their primary currency. Dalio is delusional in this respect.
2. Their aging demographics are startlingly difficult to overcome. Far more challenging than those of the US or Europe.
3. Their real estate bubble is ready to burst, and there aren’t many other asset classes for Chinese citizens to legally store their wealth, as Chinese stocks are also part of the CCP
4. They lack entrepreneurial spirit post Jack Ma silencing. Who would strive to become a tech billionaire now?
The CCP’s best days are behind it. Tick tock. #Bitcoin