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Ep 31: Rich Goldberg on Economic Sanctions and Financial Warfare

School of War

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The Worst Case Scenario for China's Financial System

CNN's John Defterios lays out what the worst case scenario would look like. He says China could become significantly more dominant than U.S. economy in years to come. Chinese financial sector specifically would have to achieve kind of centrality, he says. "I don't think replacement is the idea here, I think we should be looking for a way to deal with it"

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