Ep. 142: Ponzi Schemes
The Seen and the Unseen - hosted by Amit Varma
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Geopolitical Impact of Ponzi Schemes
This chapter discusses how ponzi schemes can have a geopolitical scale and impact the global financial system. It explores the relationship between the US and China in terms of trade and investment, and how this cycle affects interest rates and consumer demand. The chapter also highlights the implications of the US dollar's exorbitant privilege on the world trading system.
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