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RE: Is The Digital Yuan Really A Threat?

in LeoFinance4 years ago

Personally I don't believe that China is going to have much of a future after they have completely crashed their economy and are barely surviving.

Pretty wild events in this world. There might not be a Communist party after all the poor people starve in China.

This is definitely going to set back plans for war....

And then on top of it we've also got a lot of worldwide criticism. I can definitely see the digital world attacking these assets.

But then again more countries are coming out about the genocide that's happening in China with the ethnic minorities in detention camps as well as the forced organ harvesting.

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But then again more countries are coming out about the genocide that's happening in China with the ethnic minorities in detention camps as well as the forced organ harvesting.

Western countries are rapidly moving in this direction, perhaps without the organ harvesting.

China has an overwhelming problem that is also mirrored in the EU. Demographics are against them. That make long term sustainability near impossible even in the best of circumstances. What few realize is that China is a rather poor country overall. Sure it has the second largest economy yet the per capita GDP is like 70th. Most are living a very meager existence.

I am not optimistic about China at all. They have too many headwinds which will crush them over the next 20 years in my opinion. The China growth story is cover.

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