The Dollar Rises With Crypto And Gold - What Gives? | Michael Nicoletos at DAS: London
Forward Guidance
00:00
The Negative Feedback Loop in China
China is trying to roll over the digital currency or the one. And why is it doing that? Because by using Alipay and WeChat and all these platforms where they accept the digital one, it's trying to make one an international transaction. Theoretically speaking if the one becomes 60 percent of the world transactions, then suddenly my debt becomes a problem. So we see the first cracks in the economy. I think that China tried to stop the real estate bubble by putting some rules but will have to soften those rules to make real estate pick up again.
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