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Macro Mondays #74 - When the Trump bet dies, here's what to look for
Macro Mondays
Navigating China's Debt Swaps: An Illusion of Stimulus
This chapter explores China's recent move from off-balance sheet to on-balance sheet debt through a debt swap strategy. It highlights the implications of this transition for regional governments and the broader economic landscape, noting that it does not equate to a true economic stimulus.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode