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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Role of China in the Middle East
China controls the exchange rate between themselves and the US dollar. What's happening is deeply geopolitical, with sanctions on over 40 countries. If you're an oligarch in the Middle East, do you want to keep all of your money on all of your reserves in dollars? So who would you be? Where would you diversify?
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