Economic Indicators Plunge And Banks Move To The Block Chain - Episode 1368a

in #economy7 years ago

Brexit negotiations are going nowhere and both sides cannot agree. The central bankers will do everything to stop the UK from exiting the EU. Spending has declined. Amazon is not as strong in the retail market as everyone believes.

Rents are falling and pending homes sales decline. We are now seeing a triple whammy in housing. Banks are preparing to use the blockchain technology to move currency around, this is the first step to convince the world that the banks need to be in control of this.

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1988 economist magazine cover depicts the gold-backed crypto rising from the ashes of the fiat system in 2018!

We can only hope that it is not controlled by the central bankers!

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