The Shift From West To East: The End Of The West's Power

in Threespeak5 years ago

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We are seeing a paradigm shift. The power center, especially financial, is moving east. This should come as no surprise since China was the fastest growing economy the last 30 years.

In this video I discuss how this will impact things and how there is a dire warning out there for Westerners. Those who are in power are taking us down a road that is very dangerous.


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I think Hive could benefit from having more than 20 consensus witnesses. The small market cap and user base can protect it to an extent but if and when there is greater growth a better geographical distribution of consensus witnesses and a greater number of then should be considered.

I have thought either more witnesses or less votes.

It was a topic of discussion right around the hard fork but it died down. I am not sure what is being talked about behind the scenes.

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I write about China too. But its not a straightforward thing. China is ageing very quickly and it might become a 10x of what Japan is today. Old, cool, still innovating but not so aggressive. But thats in 20 years time. I dont think it will be so dominant. In the other hand, the US gas tremendous potential and a change in leadership - far easier in the US - can quickly turn things around. Have a look at my blog. Thanks.

The US is aging also. In fact, it is ahead of China in the getting old race. Japan led the way and now the US is seeing its Boomers get up there in years.

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The US is still younger than many advanced countries and has the option of immigration. If you see here, China will age a lot by 2050. The US will age too, but slower. https://www.pewresearch.org/global/2014/01/30/chapter-2-aging-in-the-u-s-and-other-countries-2010-to-2050/