3min chapter

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Weekly Bitcoin Update, Everything is About to Change Forever - E353

Bitcoin & Markets

CHAPTER

China's Economic Situation Is So Bad That Investor Capital Is Failing

I don't know how they're going to adjust to zero or even say a negative 5% growth rate. It's ridiculous to think that you have a debt to GDP ratio of over 300%. You lock down your economy for two years, welding people in their buildings and things. And that's not going to destroy your economy. I think it could be that the economic situation is so bad. Maybe Xi actually saw some legit data that he has he has to change his tune. This might be what everyone's been waiting for.

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