
MacroVoices #338 Brent Johnson: Why You Can’t Ignore The US Dollar
Macro Voices
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The Chinese Real Estate Market Is Having to Ther, You Know?
Brant: China has had the economic global engine of growth for a few decades now, and they are struggling mightily with deflationary pressures. The chinese real estate market is probably the biggest asset class in the world, you know, tens of trillions of dollars big. But now it is no longer growing, and you could argue it's falling. And so i think ultimately, what i think what is likely to happen is that i think china will ultimately have to devalue the uan, because i just don't think there's any other way for them. When that happens, i think that will send a deflationary wave out of china, pull an inflationary wave into
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