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7min chapter
Round 2: Chen Zhao And Marko Papic on China
Real Vision: Finance & Investing
Analyzing the Yield Curve and Implications for the Economy
The speakers delve into the historical predictive power of the yield curve for recessions and its impact on the banking system, while examining the current state and its implications for inflation. They also emphasize the underestimated role of fiscal policy in supporting the economy and draw parallels between the Korean War and 2020-2021 fiscal stimulus.
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