Comments by "bighand69" (@bighands69) on "The World As We know It Is Ending, But What Comes Next? | Peter Zeihan" video.

  1. China is a export economy that specialises in lower products that can be produced on mass.
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  2. There was never a gold currency in the US and when there was a system of gold in use it was still a managed currency with policies. One of the advantages of gold involved in currency is that it can add stability on pricing for trade but it is only as good as those that manage it.
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  3. So how do you see the power of the individual come into effect in stopping China demographic collapse.
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  4. You cannot have a pure gold currency because governments, political parties and activists will always find ways to adding policy management to it such as clipping coins.
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  5. What you are missing is the moment you start messing with the actual value of a currency is the moment you have a fiat currency which is in fact a managed policy currency. You may say it is backed by gold but in fact it is a managed system. The Romans with their gold coin currency started to clip their coins and developed a system of promissory notes. The reason the Fed increases the money supply is that the US is short of actual currency hence why it needs more in the system or trade will come to a halt. Most of the main banks in the US were dangerously close to having no depositary cash circulation mean exchange within the US could not take place or would be significantly delayed and that is exactly what happened in the era of the great depression.
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  6. The half that China loses is not going to be just the poorer classes. Those that believe they are middle class in China will also be subjected to those horrible economic conditions. What you also do not grasp is that when China collapses it could end up in world war or at the very least an Asia centred war but it is unlikely that remain in that region. The WEF reset is nothing more than a gang of socialists telling you want they want to do but even they know they will never be able to implement such a system. Even though the EU is run by a gang of those commies they cannot even get it into there.
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  7. The WEF is a taphole made up of aging socialists trying to live out their fantasy. It has no bearing on the world economy. ESG is a corporate American fad and will pass over as the reality of industry and economics kicks in. A certain US market management company is going to get a haircut at some point only they will be bald from that point onwards.
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