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6min chapter
Making Sense of the China-NBA Firestorm, and Debating the Wealth Tax
After Hours
Is There a Cost of Entry?
I think there is a degree of hypocrisy. This might just be the cost of doing business, the cost of getting access to a really big market. How do we enforce the sanctions against the run in exact the same way? If you want to do business with eran, you cannot use the us. Financial services system. The europeans don't like our eronian sanctions one bit, and yet they fall in line. Why? Because it's pretty punishing not to use the us financial system. And so in a way, wat is doing is no differenc.
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