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The Coming Currency Crises. Are you safe?

The David McWilliams Podcast

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Is Your Currency Overvalued?

If your currency is overvalued, it means that your population have a higher standard living than they otherwise would have. And eventually you will run a large trade and when you've a large trade deficit, you have to finance it. So base what yu're doing, you'r living off borrowed money, years ta timet. Yer, and that's what's happening all over the world at the moment. That's why lebanon's sting, right?

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