Bank of England Pivots First! w/ David Lawant - Fedwatch 114
Bitcoin Magazine Podcast
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Is China a Debt Trap?
Michael X Pettis: Nearly 60% of China's overseas loans are now held by countries considered to be in financial distress compared to with just 5% in 2010. I expect Chinese loans to developing countries only to decline further over the next few years, he says. David Frum: The Belt and Road stuff was just throwing good money after bad building all this infrastructure in these viable countries that will pay for themselves in the long run.
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