
#425: Fiat Crisis with Balaji Srinivasan
TFTC: A Bitcoin Podcast
China's Trade With the World in the Year 2000
A lot of people who will try to frame it as oh my god you're talking bad about America that means you must hate America are wrong. This is actually like three or four years ago basically everybody trades more with china than the u.s pretty much right um and there's like one country that flipped the other way like Estonia or something like that okayUm but i love Estonia it's a great country but i think that's the only one on this graph that like flipped the otherway so for the most part for example in 2008 remember the mortgages were rated AAA was it beneficial to either the lender or the borrower to dilute the borrower into thinking that they were AAA? That
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