
Unusual Whales Pod Ep. 35: First FOMC of 2024, Treasury Balance Sheets, Rate Cuts, and Macroeconomic Outlook
Unusual Whales
Risks of Strong US Economy and Impact on Other Countries
This chapter examines the risks associated with a strong US economy, such as the US dollar staying strong and causing economic difficulties in other countries like Egypt. The speakers discuss the doubling of the black market exchange rate in Egypt and the resulting skyrocketing prices. They also mention the possibility of China devaluing its currency due to its struggling economy.
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