Steemit Journey #30

in #blog5 years ago (edited)

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A single sunbeam is enough to drive away many shadows. Francis of Assisi

21/10/2018
Dear: Journal,

This week’s achievements:

Voting Weight: 6238 SP

Reputation: 58.7

Goal for next week:

Voting Weight: 6250 SP

Reputation: 58.9

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Follow up from last week, as I have predicted, China had started selling US treasuries and some other countries are ready to buy it.

https://www.bloomberg.com/news/articles/2018-10-16/china-reduced-u-s-treasury-holdings-for-third-straight-month

So, selling off Us treasuries didn’t work, which I have also mentioned from last week, selling US treasuries will never work.

China’s next bullet will be injecting money into the economy. This strategy could work in a short-term before China become the next Venezuela.

Keep this in mind, when money is cheap. Crypto will be expensive.

Have a great week everyone.

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But for china to be like next venezuela, it still takes a long time or even the united states economy turns out to be overheating.......
and even so maybe crypto will become increasingly interesting....

I believed not long to go @zakimadah.

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