Luke Gromen: China Locking Up Key Global Resources By Exploiting US Dollar System
HomeBlogLuke Gromen: China Locking Up Key Global Resources By Exploiting US Dollar System
Adam Taggart
To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.
Geopolitical risk has been relatively subdued as an investment theme over the past decade. But it’s now moving quickly to the forefront, as today’s headlines about Ukraine, Russia & NATO make clear.
There’s another, much more quiet and poorly understood threat that I want to bring to your attention today.
It was raised by macro analyst Luke Gromen at last month’s Wealthion conference, where he explained that China is exploiting the US dollar system to lock up a growing number of key global resources.
In Gromen’s words “China is conducting an LBO of the world using the Eurodollar system, backstopped by the Federal Reserve and protected by the US military”
They have basically hacked the game America forced everyone to play, and have bent the rules to their interest. As Luke says, Nobody’s a bigger fan of the US dollar system than China, except for a few politicians and CEOs getting rich of the current scheme.
To understand this in more detail, as well as the serious consequences in store, watch this video from Luke’s presentation from Wealthion’s recent conference.
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