Can Anyone Out-Hawk the Fed?
Real Vision: Finance & Investing
00:00
Oil Prices Are Going to Spike, Right?
When the dollar really spiked in, what did China do? They intervened to actually strengthen the yuan. That was a big, big tell that they're very, very worried about capital flight. You've got an over-levered economy that has borrowed short-term in dollar-denominated debt. And if you have oil prices spiking at the same time, the dollar is strong, China's going to be in a very, very vulnerable position economically.
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