Nostr Web Client

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

threeseries 2y ago

Maybe. There's also the risk that other countries start to import the technocratic tyranny that China is perfecting.

Reply to this note

Please Login to reply.

Discussion

Alan ₿ 2y ago

True. However, tyrants have a habit of fighting amongst themselves to decide who will be the ultimate tyrant.

Freedom minded individuals tend to stick together

ShiShi21m 2y ago

The East is riddled with this already.

The Arab League is a shit show dick swinging contest of who can chop off hands better with >400m people living there.

Iran, Afghanistan & Pakistan don't even fall under that,

India is an absolute mess of a country ruled by the few for the few - lookup farmer suicides, the 2016 money changing debacle, and people born with deformities.

Africa is a disaster for the most part,

Singapore has no freedom of press,

Russia lol,

Australia lol,