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13min chapter
Home Team | PBD Podcast | Ep. 296
PBD Podcast
Record-breaking Mortgage Rates and China's Deflation
This chapter discusses the significant increase in US mortgage rates, reaching their highest level in 21 years, which is impacting home affordability and sales. It also explores the situation in China, including a company's missed debt payment and the development of a city modeled after Paris, highlighting the importance of capitalism in the economy.
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