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Bitcoin, Evergrande And The Deteriorating Situation In China

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In this episode of Bitcoin Magazine’s “Fed Watch” podcast, I discussed the emerging story of the week, Evergrande and the Chinese recession.

We first brought up Evergrande on episode 60, back on August 11, and at the same time I made the call that China would enter a recession within three months. Our position on “Fed Watch” has been bearish on China for over a 12 months, and my private place has been bearish since nicely earlier than the 2020 coronavirus disaster started.

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