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    Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26882168 times)
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    Torque
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    August 21, 2023, 03:01:35 PM
    Last edit: August 21, 2023, 04:36:23 PM by Torque
    Merited by JayJuanGee (1), hisslyness (1)

    OT:

    With the U.S. and China now in financial ruins with running up and then crashing their economies with massive decade-long Ponzi property scams, I'm sure that TPTB are licking their lips looking for the next under developed nation they can run the same by-the-numbers nation building financial scam on. The trillions of newly printed U.S. dollars must stay abroad and not come home.

    My guess is that it'll be India next. So what makes me say that?

    It's perfect: a nation of 1.4 Billion people, still a bit behinds the times, still steeped in traditional living (like China was) and household savings, but with an increasingly progressive youth populous that would be easily manipulated into FOMO and hungry for new paper wealth. They used to be primarily an agricultural nation, but are moving more and more into manufacturing and IT.

    Just start injecting hundreds of billions of dollars into it's economy and major cities, creating new white collar office and blue collar factory jobs, building up their cities and property markets, creating FOMO into better standards of living, lifestyle and luxury goods and services wants. Before you know it, they'll be flying high saying that they are the next "China".

    The ultimate goal, of course, is to get it's citizens to stop all that nonsense saving and wealth hoarding, and get them to part with it, FOMO'ing into their stock market and newly created real estate investments.

    You can see Apple and other tech companies already expanding into India very fast.

    It's only a matter of time and enough money....

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