20190529-Chinese crypto ranking-Woo Woo Lady Price Update-Sovereign debt 100% risky

New Crypto Rankings (Chinese Global Public Blockchain Technology Assessment Index):

The overall ranking is based on the total index scores of 35 crypto projects. The total index of each crypto project is the weighted average of its three sub-indices: the basic technology index, the applicability index, and the creativity index. The basic technology sub-index accounts for 64% of the total index, while the applicability sub-index accounts for 20% and the creativity index 16%.

https://news.bitcoin.com/china-releases-new-crypto-rankings/







Jsnip4 (Woo Woo Lady Price Update)




-BCH price raised to $800;  LTC ($550)






Reluctant Preppers (interview with Lynette Zang):

-International Monetary Fund (IMF,) which is comprised of 189 of the world's 196 nations, recently released their Global Financial Stability Report, for the FIRST TIME EVER pegs us at 100% risk level for sovereign debt failure?

Q:  Why can’t the US be like Japan where they own everything and their economy has not crashed?

A:  Japanese economy has crashed but it has been propped up because the whole world agreed that Japanese economy is important enough for them to allow it to continue.

-They make it look like there is deflation and not inflation in Japan but it’s not true.

  Somebody lives in Japan has the following to say:

-Based on personal shopping experience not government statistics.  Food is 20% more either in price or decreasing in size or both.

-Rural real estate remained depressed and there is no growth there.   Any real estate investments have all gone into urban area.

-The government are doing a lot of replacing the old buildings with new ones.   Where did they get their money?


-Zero interests were anchored there since the 90’s.

-Zombie corporations were kept alive via borrowing from the government.   They are not making money and can never repay off the loans.

-The Japanese government has done QE, QQE (quantitative easing on steroid), YCC (yield curves control), and they will raise sales tax this Oct.   Like the Fed, the Japanese Central Government is running out of tools to boost the economy.


-The Japanese Central Bank is taking over direct and total control over all the markets in Japan.

              -They own over 90% of the Nikkie thru ETFs. 

              -They print and at the same time buy their own bonds.

              -They are buying the mortgage backed security, real estate, and REITs.



-This can go on forever as long as the public agrees to it.



Comments

  1. Amala慎巴殿堂May 29, 2019 at 10:11 PM

    I would not believe that all three of Larimar's company were in the top 10?

    ReplyDelete
  2. WendyMay 30, 2019 at 9:10 AM

    It's possible because this assesses the technology of the projects not adoption rate or popularity....

    Aside from that, the fact that XRP(#2 in CoinMarket Cap) and LTC (#6) are not widely followed in Taiwan or China are strange enough.

    ReplyDelete

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