Ok, question, MA repeatedly states China will take over and become the financial capital of the world after 2032. How can this be, with the CCP in charge(communist) and their dual currencies system and not allowing people to take money out of the country, who in their right mind would put their money there to create this change? BTW, I never heard MA ever talk about China's dual currency system, I only found out two weeks or so ago, why the silence on this issue which is significant to anyone who considers putting money in China? I know there has been dual system for trade but evidently to get money out of China you have to convert to US$ only with the permission of the CCP, this explains bitcoin going to the moon since Chinese have no other way to get money out. If this is old news, I apologize.
As Gumbi said, China will stand taller after the crash and burn;
https://www.armstrongeconomics.com/international-news/china/chine-the-financial-capital-of-the-world-after-2032Q - '..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?
A - 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..'
https://www.peakprosperity.com/martin-armstrong-dow-35000-by-2021/'..Its more than people really understand. The capital flows have been moving into the United States from Europe dramatically and also from China. I mean, that was the whole issue behind bitcoin. More than 80 percent of the volume was all coming out of China because the Chinese figured out OK, fine, there are currency restraints,. So if I cant get my cash out of the country, Ill buy bitcoin and then Ill sell it in on another terminal outside of China, probably in the US, and I get my money. Thats whats been going on..'