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Welcome back ladies and gentlemen this Is the bearable bull Here and I got this aggressively average Content for you Today as I'm asking the entire xrp Army to have wide open ears and to pay Extremely close attention to my next Words 2024 is the year of the Dragon and I believe on the world stage That means it's going to be a powerful Year for China CH in numerous Ways I believe it's very possible that While the United States is distracted And politically divided with elections This year they may make a move on Taiwan but that's besides the point Because right now I need to remind you That the last Black Swan event the world Witnessed started in 2019 from China and this time around the Financial black SW one I believe it's on Its way and China just fired the warning Shot from the cobessi letter nearly 30% Of all stocks in China have been halted As China's CSI 1000 index has slid 8% in A matter of Hours this was just a glimpse at the Blood bath that occur Today and ladies and gentlemen I believe The liquidation of China's evergr has a Lot of similari s to Leman brothers from 2008 guys I believe ever Grand is the 2024 version the Chinese version of Leman Leman
2.0 and we have to remember what Occurred in the real estate sector that Time Around right now the real estate market Is on the verge of a mass explosion in Value believe it or Not once they raise rates I expect a Reverse market crash meaning prices to Explode in Value but that's going to make the next Generation of people unable to afford Buying homes but the people that already Have them will have mass sums of wealth Mass Roi and that's something you w need to Be aware Of here itm trading breaks down further The important of China's everr and and Why this is going to have a ripple Effect no pun intended of course Throughout the entire Financial System in 2008 Leman brought the world To its Knees in 2024 this is going to be the Chinese Leman Brothers and the world's going to show The cracks in the dam that it's always Shown this could be the event that I Believe brings xrp into the Forefront as A potential Black Swan event solution to A massive liquidity Crisis but before we get there let's Break it down a little further when
There was already a crisis of confidence Coming from Chinese citizens around the Housing market due to all of these Pre-sold homes that weren't being built In fact since 2021 over 50 of China's Property developers have defaulted on Their debt these developers are caring a Tremendously high debt to asset ratio an Average of 65% with many of the larger Players bumping into the 80 to 90% range Now that funding has dried up evergrand Is only the tip of the iceberg when it Comes to property developers who are Running out of ways to fulfill their Debt obligations now we still don't know Exactly what will happen to evergrand The other property developers and these Local government institutions but what We do know is that it is not in China's Best interest to allow them to fail There is already a massive push from China to restore confidence in the Property sector and if confidence in Bonds Banks and local government went Away it would be a blow that China might Not be able to recover from so the real Question I want to come back to is why Did China Aid in this impending Catastrophe that they're helping keep Afloat in the meantime could it be that They're setting the stage for the Greatest wealth transfer in history it's Interesting when you think about it that In the last few years there has been a
Tremendous push into the real estate Sector spurred on by huge injections of Cash into the system combined with low Interest rates now the entire thing is Set to collapse right when we have a Record number of people with debt backed Assets and high interest rates to match This has had many people questioning the Timing of this liquidation as it would Conveniently Aid in ushering in a Significant crash while not proven there Is speculation about who knew in advance Decades this didn't just happen Overnight but rather has been a long Planned and expertly executed series of Events long planned and expertly Executed series of Events Taylor Kenny from itm Trading Sounded like a member of the xrp Community this is what we've been Telling you all Along there is no Randomness with these Financial events they're all Coordinated they're being puppeteered From the Puppet Masters pulling strings To coordinate the correct things to Happen when they need To all of these things were Predetermined a long time ago and we are Almost There everr is going to be a massive Catalyst and she broke down the Importance of ever Grand what it is and Now at the very least you're more
Informed but guys what we have here in The United States is a big warning from Jerome Pal this is Jerome Pal's mission Accomplished Beach right before he pulls The rug on the banking system again like In 2020 remember ladies and gentlemen Jerome pal over the past couple weeks is Being brought up to the Forefront right Now to tell the world what's about to Happen he's foreshadowing Events they are not bringing on the Chairman of the FED to 60 Minutes for no Reason we are going to get a March 2020 Style crash and crisis likee event Again and whether you all know it or not Believe it or not or like it or Not this is Inevitable this is the reason why he was Brought to the Forefront and that's also why I highly Recommend you watch this 60 Minutes Episode Jerome Powell was discussing how This system is not Sustainable and this should be a shot Heard around the World stay true to the truth my Friends the FED policy is the biggest Thing that affects all Global Markets We're going to get a crash because of Rate cuts at some point in 2024 but shortly there
After expect our crypto moon Mission now guys to cap off this video For today I have David Schwarz CTO of Ripple from xrp drops stating I would Like to think of automated market makers As a safe place to keep money relative To let's say just holding Bitcoin or Just holding xrp If that's your comparison it's fairly Safe automated market makers will be a Way to earn passive income with xrp as We wait patiently for our moon mission Or bull run to take Place he is discussing the safety of Using Amm and while there is a little more Risk than putting money in a bank or Buying a publicly traded Stock but it is a relatively safe place If you don't care about having exposure To the totality of the volatility of Crypto my friends amms have passed Clawbacks have passed and that's yet Another important amendment being Brought to the xrp Ledger and all of this has happening While the SEC and ripple had a Massive update break to Today the SEC gets a minor Victory as Ripple's ordered to reveal 2022 to 2023 Financials and it's looking like the Judge in the case is coming to a Decision on how much Ripple is going to Have to
Pay regardless of the fine you all have To understand that this is the nail in The coffin for the conclusion of this Case appeals are possible Things can Happen delays could be Passed but as of right now based on the Information we have we're on the perfect Trajectory for a quarter two conclusion Of this Lawsuit and within the next week we are Going to see two of the biggest Amendments pass on The xrp Ledger that We ever have xrp is relisted on all Exchanges again the possibility of Earning p massive income with xrp is now Possible with Amm and remember that in the background Flare is absolutely exploding after Their new partnership with Google Cloud that's still earning us fat Yields and by the time everyone realizes What's being built right here on the xrp Ledger it'll be too late to make as much Money as we had Already that is the vision you need to Have these are the goals you need to Set and remind yourself every Day that you are slowly Becoming the new One% holding xrp is winning the lottery In slow Motion and before you know It that Vision will be
Realized ladies and gentlemen this is The bearable bll Here thanks thanks for tuning In as always I appreciate every single One of You and that to cap off this video for Today I leave you with David Schwarz you know I'm excited about the Amm amendment particularly because like I have access to investment products of All kinds it's very easy for me to put My money wherever I want but there's a Lot of people who just don't have just Don't have good options and Um the amm doesn't doesn't get 100% to That because amm invest you know putting Putting uh funds into an AM is not Exactly safe because you always have Exposure to some volatile asset you know I I wouldn't I I would think of an amm As a safe place to keep money relative To let's say just holding Bitcoin or Just holding xrp other like if that's Your comparison it's it's fairly safe But if your comparison is to like Putting money in a bank or buying you Know publicly traded stocks it's not Particularly safe because you have Exposure just to the whole volatility of The cryptocurrency space if nothing else But I'm I'm really excited about things That will give people exposure abilities To get really safe return I guess what We we start out by like trying to give
Millionaires a you know people have Talked about over collateralized loans As like a way to get millionaires tax Efficient you know I have a whole bunch Of xrp and I've made millions of dollars On it how can I spend it tax efficiently That's interesting technically and you Can build market share that way but does That make the world a better place Whereas like if you come up with a way To get people whose alternative might be Stuff in cash in their mattress a way to Get a you know a couple of percentage Points at relatively low risk like That's that's that's more in the sort of Make the world a better place kind of Vin
