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The RMB: an "insanely convex trade"
China is trying to avoid the fact that its growth is chained to an ever more irrational load of debt and that the debt-intensity of growth becomes higher every year. Brian McCarthy manages a fund predicated on the idea t...
About This Episode
The RMB: an "insanely convex trade" is an episode from What Goes Up by J Capital Research. China is trying to avoid the fact that its growth is chained to an ever more irrational load of debt and that the debt-intensity of growth becomes hi...
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Episode Details
Published Jul 6, 2017, audio available.
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