2 thoughts on “Crypto In 2019”

  1. Interesting moves in this space with Russia buying US$10 billion in crypto and I suspect China as well expecting sanctions against in the future and gold as well.

    https://www.zerohedge.com/news/2019-01-14/russia-prepares-buy-10-billion-bitcoin-evade-us-sanctions
    As we reported in June, whether due to concerns over draconian western sanctions and asset confiscations following the poisoning of former Russian military officer Sergei Skripal, or simply because it wanted to diversify away from the dollar, Russia liquidated virtually all of its Treasury holdings in the late spring and early summer, in the process sparking a major repricing of the 10Y US Treasury, whose yield jumped from 2.70% at the start of April to a high of 3.10% in May, a move which economists were struggling to explain at the time.

    In my opinion we’re pretty much in a war time build up economy similar to 1935 so we’ll see similar patterns emerge, a good few years ahead leading up to…..

    1. Probably worth understanding this – Harvard Kennedy School Professor Graham Allison (@GrahamTAllison) takes a moment to talk with Aroop Mukharji (@aroopmukharji) about his new book “Destined for War: Can America and China Escape Thucydides’s Trap?” Allison explains the big idea that is Thucydides’s Trap, what might spark war between America and China, and what he has in common with Queen Elizabeth II.

      https://www.youtube.com/watch?v=GAJ6SXMb-YI

      And then have a look at military spending, Australia’s $200b spend is rumoured to be increasing after the election to $400b. Kiwi’s looking to do the same.

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