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3min chapter
Hugh Hendry: The U.S. Dollar System Is Broken
Market Depth
China's a State Clan Economy
Ara: We we're under a, you've heard mention of gold standards, dollar standards. If the dollar is a reserve currency, it is. It has marfed into act a grotesque frankenstein version of the gold standard from the 19 twenties. So china refuses to pursue indogenous economic domestic growth. Refuses it, point blank. Consumption to g consumption, share of g d p. Is shameful for such a developed economy. It's telling you something ain't right. Ara: And the model is the our system, which gets a lot of people are attacking our system, rightly.
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