For the past five years, the Whistleblower Movement (WM) has been warning the world about the inevitable disappearance of the Hong Kong dollar and the destination of the Renminbi (RMB) turning into wastepaper.
In the Grand live broadcast on May 18, Miles Guo said that the Chinese Communist Party (CCP) had undermined Hong Kong’s seaport position by shifting 70% of its foreign trade and freight shipping interests to Shanghai. The CCP also caused Hong Kong to lose its legal security through political infiltration, jeopardizing its reputation as an international financial center.
Moreover, HK’s crucial supporting industries, the real estate, and the service sector, are on the brink of collapse. Following Hong Kong’s loss of its core competitive capability and international credibility, the consequences of economic crimes and judicial disputes may trigger a global economic war. Accordingly, the HK dollar is bound to decouple from the USD.
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