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9min chapter
TIP133: Alan Greenspan & Richard Duncan - Macro Economics (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
Global Trade Imbalances and Economic Dynamics
This chapter explores the evolution of global trade imbalances since 1980, focusing on the U.S. trade deficit and its effects on capital inflows and the economy. It also examines how changes in interest rates influence credit growth, commodity prices, and asset valuations, emphasizing the potential risks of rising rates.
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