China’s MASSIVE Risks To Watch: Crypto, Macro, & WAR!!
🚨 New Video Alert!! 🚨
Not sure if you heard, but the People’s Bank of China recently appointed a new governor.
Why should you care?
Well, let’s just say that Pan Gongsheng has a history of cracking down on crypto. In fact, he seems to have been THE man behind China’s previous crypto crackdowns.
Not only that, but Pan seems to have been the man behind China’s crackdown on tech companies, and even on the country’s real estate market. To top it all off, Pan has been a literal one man plunge protection team for the Chinese yuan, which has recently been crashing.
So, why should you care? Well, besides the fact that Pan’s appointment could impact Hong Kong’s crypto adoption, his moves to stabilise the yuan could destabilise other areas of the economy, namely the US banking system. It’s safe to say that there’s a lot to care about.
⛓️ 🔗 Useful Links 🔗 ⛓️
► China Stimulus Rumor: https://www.bloomberg.com/news/articl...
► Pan Gongsheng Appointed PBOC Head: https://www.cnbc.com/2023/07/03/china...
► Tether’s Connections To China: https://protos.com/tether-china/
► China Intervenes To Stop Yuan Crash: https://www.reuters.com/markets/curre...
► China Restricts AI Chip Mineral Exports: https://cointelegraph.com/news/china-...
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.