American Piggybank with Brad Setser
The ACID Capitalist Podcast
00:00
The Effect of the Dollar on the Asian Crisis
In 2000, at the turn of the century, China was a $1 trillion economy. By the time of the global financial crisis, it was a $4 trillion economy. The US has gone from $10 to $25,000. So China has gone from being way smaller than Europe to being as big as the EU.
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