China's rise and its dominance over the world have been talked about far and wide throughout the past decade and many have said kids should be learning Mandarin.
Ray Dalio has devoted a book to how the U.S. is in decline and China is taking over, on top of that, Klaus Schwab says China is a Role Model for other countries…
But is it really happening?
Not in the near future, at least…
We can see that the Chinese Yuan, which many have said would become the reserve currency of the world is falling, crashing against the US dollar. $1 is equivalent to 7 Yuans, so that's certainly not coming true anytime soon.
China's Rising Dragon appears to have been slain by internal forces, and very few market analysts have taken the time to think through what this means to global markets as the world's largest importer and exporter falls.
So I made a complete video breaking down exactly what this China's fall means to the global markets, how China got into this situation, and what we should do. You can watch the video here.
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