Colby Smith, Steven Kelly, and Gerard DiPippo on the Highlights of 2023 and Looking Ahead to the Future
Macro Musings with David Beckworth
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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