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We are seeing a lot of change happening around the global economy. One fo the largest changes we are seeing is Isreal, China, Russia, India, Saudi Arabia and more countries holding less and less US dollars. We are witnessing the collapse of the US dollar as the reserve currency and we are witnessing the gold reserves of countries to the east begin to climb. China officially holds more gold than America. The population of China is 4.32 times bigger than America and their exports are more than 1 trillion dollars more per year.
They have struck lucrative oil deals which will give them a further economic competitive advantage over America. This is going to leave the United States in a very weak position as job opportunities and lucrative wealth opportunities begin to leave america. I believe large companies will begin opening up businesses in China and India and other countries to seek smart talent for a lower wage.
What we are witnessing now through Peter Thiel says a lot, he now owns a bunker in New Zealand and he is not the only one. He sees the writing on the wall and the risk that are present in this global economy and he wants to have options of his own. The billionaires know that the world is in a very challenging place and for that, they will trade in their fiat currencies for peace of mind.
We are witnessing the end times of America being the global super power.
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