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The Pomp Podcast

#1248 Darius Dale on Why China's Economy Is Collapsing

Sep 26, 2023
17:57
Snipd AI
Darius Dale, founder & CEO of 42Macro, discusses the challenges facing China's economy, including high debt levels and liquidity traps. They explore the shift in China's economy and its implications for investors, as well as analyzing current trends and market corrections.
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Quick takeaways

  • The Evergrande debt default and the accumulation of debt pose significant concerns for the stability and growth of the Chinese economy.
  • China's heavy debt burden and shifting growth model create uncertainties for investors, affecting long-term investment opportunities.

Deep dives

Overview of the Evergrande debt default

In this podcast episode, Anthony Pompliano discusses the recent Evergrande debt default in the Chinese economy. He highlights the concerns surrounding Evergrande, which has a massive amount of outstanding debt and is headed to court for potential liquidation. This has led to worries about spillover effects and the overall stability of the Chinese economy.

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