BITCOIN

Bad situation in Bitcoin, Evergrand and China

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In this episode Bitcoin MagazineIn its “Fed Watch” podcast, I discuss the week’s emerging stories, Evergrand and the Chinese recession.

We first brought Evergrand to episode0, August 11, and at the same time I called that China would go into recession in three months. Our position on “Fed Watch” has been bearish on China for more than a year, and my personal position has been deteriorating since the beginning of the 2020 coronavirus crisis.



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