About this episode
As has become clear in the past couple of years, the interconnection between Macro Economics and Geo-Politics is stronger today than ever before in our lifetime. And who better to explain this mosh pit than the Ubankaoboy himself, Michael Kao who joins me and Cem Karsan for a fascinating and wide ranging conversation. We cover topics like China's debt problem, Oil and the mistakes the US are making as we speak, OPEC+ as well has hear Michael, who's parents fled from China to Taiwan, describe an potentially "explosive" scenario in which China may well be united with Taiwan that he is hearing from one of his "Uncles" still living in Taiwan.
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Episode TimeStamps:
02:29 - The big macro picture
14:09 - The debt problem in China
20:39 - The fragility of China and the Taiwan conflict
24:57 - Kao's view on supply and demand
31:17 - How does Fed power affect oil?
38:41 - A complicated dynamic
41:54 - Can we actually trust anyone?
45:29 - The shadow banking system and refinancing risk
48:53 - A structural problem
51:59 - Reimagining safe assets
58:27 - Thanks for listening
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