Problems In China's Economy & Escalating Trade War Causing Large Bitcoin Rally the Last Few Months?

By WallStForMainSt / May 15, 2019 / www.youtube.com / Article Link


Jason talks about how China's economy getting worse plus the US vs China trade war escalating means that many CCP elites in China and rich Chinese businessmen are getting around capital controls and getting their savings out via Bitcoin1) China Defaults Hit Record in 2018. 2019 Pace Is Triple That https://www.bloomberg.com/news/articl...2) Chinese Onshore Defaults On Pace For Another Record Year In 2019 https://speculatorsanonymous.com/arti...3) Study Finds That Overwhelming Majority Of Bitcoin Trading Volume Is Fakedhttps://www.zerohedge.com/news/2019-0...4) 95% Of Reported Bitcoin Trading Volume Is Fake, Says Bitwise https://www.forbes.com/sites/cbovaird...5) Above $7.5K: Bitcoin Price Hits Highest Level Since August 2018 https://www.coindesk.com/above-7-5k-b...Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurackFollow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 44 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/w... If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: wallstformainst@gmail.com**DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**