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GM65: Why Fed Will Raise Rates Next Year ft. Adam Posen

Top Traders Unplugged

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Analysis of potential fiscal crisis and sustained higher interest rates in the US

The chapter explores the risks of a fiscal crisis in the US due to political instability rather than economic factors, highlighting the consequences of radical political behavior and extreme divisiveness. Additionally, it examines the effects of sustained higher interest rates on US government bonds and its implications on the global economy.

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