Powell Prepares Markets For "Greater Pain" | Weekly Round Up
Supply Shock
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Insolvent Debt and China Real Estate
"It's hard for me to really commentn on the european situation because i'm, i feel so fundamentally like i don't understand where they're coming from a lot of the time," he says. "I think it's important to remember that the e u, and the ureo specifically, was a pretty radical experiment, right? That was union through a united monetary policy." Anda italy, which, as an italian, i feel fine saying this is, well, they're one of the pigs, right? So they're kind of the inverse of that, right? Ye, exactly.
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