{"id":107054,"date":"2020-05-14T00:03:37","date_gmt":"2020-05-14T07:03:37","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/05\/one-thought-on-get-ready-for-the-next-game-changer-the-gold-backed-digital-yuan"},"modified":"2020-05-14T00:03:37","modified_gmt":"2020-05-14T07:03:37","slug":"one-thought-on-get-ready-for-the-next-game-changer-the-gold-backed-digital-yuan","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/05\/one-thought-on-get-ready-for-the-next-game-changer-the-gold-backed-digital-yuan","title":{"rendered":"One thought on \u201cGet Ready for the Next Game-Changer: The Gold-Backed Digital Yuan\u201d"},"content":{"rendered":"<p><\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/IMSkLu31QdE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world\u2019s <a href=\"https:\/\/www.statista.com\/statistics\/270183\/countries-with-the-largest-proportion-of-global-gross-domestic-product-gdp\/\">largest economy by PPP<\/a> for a few years now, may soon become the world\u2019s largest economy even in exchange rate terms.<\/p>\n<p><em>by Pepe Escobar<\/em><\/p>\n<p>The post-Planet Lockdown world \u2013 still a hazy mirage \u2013 may well need a post-Planet Lockdown currency. And that\u2019s where a serious candidate steps into the fray: the fiat digital yuan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world\u2019s largest economy by PPP for a few years now, may soon become the world\u2019s largest economy even in exchange rate terms. by Pepe Escobar The post-Planet Lockdown world [\u2026]<\/p>\n","protected":false},"author":427,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-107054","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/427"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=107054"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107054\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=107054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=107054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=107054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}