Market Talk – July 26, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
China – the Financial Capital of the World After 2032
QUESTION:
Marty,
You keep stating that the center of Finance will move to China. However, the world distrusts China, rightly so. How can they become the Financial Center if no one trusts them?
RLK
ANSWER: That will come only after 2032. Keep in mind, the West will be tested and the failed system of continually borrowing is why the confidence in the West will break. After that, it will become the lesser of two evils. The financial capital of the world always migrates. The British never saw how America could take their crown. Throw in a world war, and capital moves. I have dealt with this issue in detail. That report is available (see the Store for “China on the Rise”). It is available in printed form or in digital format.
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