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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Status of US Treasuries
Foreign governments don't want our Treasuries as much as they used to starting with China. They are diversifying into other currencies and gold. A crypto guy named Arthur Hayes writes interesting pieces on the banking system and de-dollarization. He's got a little bit of a doomer thesis with respect to the US dollar.
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