Colby Smith, Steven Kelly, and Gerard DiPippo on the Highlights of 2023 and Looking Ahead to the Future
Macro Musings with David Beckworth
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Geopolitical Consequences and Risk
The chapter discusses how geopolitical events can have unintended consequences, such as 'balloon gate' derailing US-China relations and the implications of military actions in the South China Sea and around Taiwan. It also explores the limitations and hesitations in using economic sanctions as a means to influence Russia, and the challenges of imposing financial sanctions on China.
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