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Macro, Crypto, & The Big Reset With Willem Middelkoop

Lead-Lag Live

00:00

The Fed's Balance Sheet Is Around $8 Trillion

Every 92 years, we get a new world reserve currency. And these changes often happen because you get a new leader in the financial economic space. Now you can see China rising and if you look at e-commerce, 75% of all e-commerce worldwide is China based now. So there's pressure coming from ACR to no longer accept the unipolar world centred around the US dollar. The total sovereign debt of the US was 10 trillion in 2000s. It's over 30 trillion now. So that's why changes are needed.

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