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Why Does My Milk Cost $7 a Gallon!? | PBD Podcast | EP 92

PBD Podcast

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China's Real Estate Crisis and Global Implications

This chapter examines the Federal Reserve's recent actions alongside the turmoil in China's real estate market, focusing on the developer Evergrande and its massive debts. The speakers explore the broader implications of China's economic transition and the potential risks for global financial systems, comparing the situation to the Lehman Brothers collapse. They also discuss how corporate responsibility and tech giant policies, such as those of Apple regarding social media, intersect with these economic challenges.

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