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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
China's Demographic Time Bomb
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- China and BRICS countries want to create a trading block that is not dependent on the US dollar.
- China is pursuing their self-interest and trying to make deals with other countries.
- China has demographic problems and real estate bubble.
- BRICS countries are looking to diversify off of the dollar and not hold treasuries like they did previously.
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