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There was a recent bloomberg article titled (from memory): the fed has a problem. There are two US economies but only one rate. The 95 v 5% split in the US wi
by scrubs 3y ago
There was a recent bloomberg article titled (from memory):
the fed has a problem. There are two US economies but only one rate.
The 95 v 5% split in the US with the middle class worse and worse is a problem. It'll be the same for China except that Chinese politicians are way more attuned to social cohesion compared to the west.