The Exorbitant Burden with Matthew C. Klein
The ACID Capitalist Podcast
00:00
What Is the Probability of a Devaluation?
The China Yan cross really in obviously significant trading adversaries perhaps. The way that that chart knows has reversed. And the Yan is now weaker than the Chinese kind of signal for that period. So my concern is, well, I don't know how, what probability would we determine? You're back in 2015, a lot of the global micro community became convinced that one might trade nine to the dollar if not 10. At those levels, that's a Mad Max world.
Transcript
Play full episode
