El Salvador = Bitcoin Real Currency. Unemployment insurance ends. Soros says no to China.

#1: El Salvador makes Bitcoin the official currency of its country. https://www.euronews.com/next/2021/09/07/el-salvador-makes-history-as-bitcoin-is-officially-adopted-as-a-currency-but-not-without-i

This is definitely going to be an incredible development because people have been wondering what will happen when people actually start using Bitcoin in real life. I don't think that this is a particularly big development, though, because El Salvador's GDP is around $26 billion. It is small.

#2: Unemployment insurance ends. https://www.cnbc.com/2021/08/10/pandemic-unemployment-insurance-ends-in-septemberheres-who-loses-aid.html
Does this mean that people will return to work again?

#3: Soros says no to China. https://www.barrons.com/articles/george-soros-blackrock-china-investment-mistake-51631025524

Soros has said that it is a bad idea to invest in China. I have also made videos that have criticized the idea of investing in China due to its regressive government, lack of rule of law, and the inability to know what will happen day to day in the government.

#4: The everything bubble will end soon? https://www.zerohedge.com/markets/heres-how-everything-bubbles-pop

One day the everything bubble will end. It's not clear but it is likely that it will one day end. In the mean time, it appears that it is a good idea to remain invested, even though it is a difficult situation.

As always, all information provided is for entertainment purposes only. Please consult a professional for specific advice.

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