A vital step in the shift of the Financial Capitol of the World moving from the West to the East, is becoming visible if you pay attention. Our model has revealed that the Financial Capitol of the World moves with the rise and fall of nations. China on the verge of becoming a net exporter of capital, it has already overtaken its Western counterparts as a primary source of credit for the developing world. And from this financial prominence, China will gradually exercise political influence that will shadow the United States in the decades ahead. We are at the dawn of a new era – the rise of Asia.
China will become the new Financial Capitol of the World as the West destroys themselves with raising taxes to fund impossible governmental consumption of wealth. The simple math shows the West cannot possibly survive the conclusion of this Private Wave in 2032. China uses and believes in cycles. The West believes only in a straight line.
Full article: China Moving to Replace USA as Financial Capitol of World (Armstrong Economics)