The drums of trade war soften, the collaboration between financial global powers the U.S. and China could have potential!

in Project HOPE4 years ago

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Now this is some controversial stuff yet no hype or mention in the world of 'Wall Street Bets', pun intended. We have been lead down this thought tube where there would be a big blow out coming down the pipe regarding the versus battle of all time in finance, the United States, the Monster from Jeckyll Island and China, the Silk Road Beast from the East would square off in the deep dark pits of the markets.

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What has been more than obvious is the trade war ironing out the details of exactly how this new level playing field could shape out. The hind sight has shown us that the shake up set up many of the norms we see today such as oil for gold, the end of foreign oil dependence. Manufacturing also returning to the domestic resource column, and these among many other events as the biggest would be the prominence of digital ledgers, database mapping, and asset backed currencies, which leads us to the launch of the digital blockchain Chinese Yuan. Boom, its done.

Linking of the behemoth SWIFT global payment system which was the gatekeeper of global clearing houses and which itself has also seen many new core updates to go into accordance with the ISO20022with the newly transparent and reserve backed commerce and trade vehicle in China looks to do more positive work for the world than it may seem.

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You see the tests show that the infamous government of Communist theft from the people isn't as easy as in centuries past. Digital ledgers are bad for corruption and fraud and licensing and ip issues are still being ironed out but the blockchain and cryptocurrency and its development space is already on it. This could be so positive it spell the end of communism as a whole in the east, I can't wait to find out.

https://www.zerohedge.com/markets/swift-sets-joint-venture-china-central-bank-ahead-imminent-digital-yuan-launch

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 4 years ago 

Hello @jaimebetamax

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