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American Piggybank with Brad Setser

The ACID Capitalist Podcast

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The Challenge of China's Rebalancing

China has to structurally reconfigure to create its own consumer engine. It's really hard to force that from the outside, particularly in an environment of geo-strategic competition. I think China overdid it and we've undergone it. But look, I put forward some more modest ideas that work in that direction.

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