Expert Opinion: House of Cards, Global Banks Stockpiling Trillions of Dollars worth of Assets
With global central banks’ balance sheet showing trillions of dollars in assets, it reflects grievous risk to the global markets and economies. As put by analysts, there would be repercussions and they would be ugly. However, this is only strengthening the faith of Bitcoin enthusiasts in the leading cryptocurrency.
Danger Incoming: Central Banks’ Balance Sheets Showing Great Risk
Recently, we reported how Bitcoin advocate and author, Andreas Antonopoulos talk about the global banking cartel being bigger than the oil cartel. Another grave problem can be seen reflecting in the balance sheets of the global central banks.
Gabor Gurbacs, digital asset strategist and director at the investment management firm, VanECK shared data of central banks stockpiling on assets,
— Gabor Gurbacs (@gaborgurbacs) December 4, 2018
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