6min chapter

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Carry Trades, Explained

Big Take

CHAPTER

Dumplings and Dollars: The Carry Trade Explained

This chapter explores the price differences of Xiao Longbao dumplings in major cities, leading into an analysis of carry trades and currency valuations. It delves into the mechanics of borrowing in low-interest countries to invest in higher yielding assets, highlighting the role of Japanese investors in global markets.

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