Highest Rated Comments


pmb585165 karma

Hi Ray,

Thank you for doing this AMA. I've been following you for maybe the last year as my interest in investing has grown. Your focus right now is clearly on the rise of China and your comparison charts paint a gloomy picture for the U.S., in particular the switching of the reserve currency.

My question is, do you think that it is too late for the U.S to course correct and maintain its status or is China pretty much guaranteed to takeover at this point? If not, what needs to happen in the U.S to prevent the switch from happening?

All the best

pmb58510 karma

Thank you for the response!

If the pandemic had not happened, I'd be optimistic that individuals could come together. Unfortunately, COVID seems to have created a greater divide both politically, socially and economically and I can't see that getting better before the tipping point occurs.