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Understanding China's Downgrade (The Duomo Trading Podcast #6)
China's credit rating has been downgraded by Moody's for the first time since 1989, mainly due to issues regarding their levels of leverage and growth expectations. This ties in with research we released earlier in the year on Nasdaq.com and SeekingAlpha.com regarding the potential devaluation of the Yuan. In this video, we discuss the current situation and the potential disaster waiting to happen.
Presented by Nicholas Puri for The Duomo Initiative with special guest Lorenzo Beriozza.
The Duomo Initiative is the financial education division of PuriCassar AG. We have taught thousands of people worldwide and offer training for private and professional clients.
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By The Duomo Initiative
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China's credit rating has been downgraded by Moody's for the first time since 1989, mainly due to issues regarding their levels of leverage and growth expectations. This ties in with research we released earlier in the year on Nasdaq.com and SeekingAlpha.com regarding the potential devaluation of the Yuan. In this video, we discuss the current situation and the potential disaster waiting to happen.
Presented by Nicholas Puri for The Duomo Initiative with special guest Lorenzo Beriozza.
The Duomo Initiative is the financial education division of PuriCassar AG. We have taught thousands of people worldwide and offer training for private and professional clients.