May 10, 2024· 29 min

Lots More With Brad Setser on the Yen, a New China Shock and Excavators

Brad Setser

Orality

Model

78%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(811 words)

M:94%

HostJoe Weisenthal(701 words)

M:29%

GuestBrad Setser(3,323 words)

M:28%

Oral Indicators

Agonistic28%

obviously, very, clearly

Engagement55%

you, our, your

Memory Aids100%

listen, now, well

Repetition100%

china (42x), know (41x), like (34x)

Parallelism84%

And the the yen reached a leve..., So it's like the yen is down, ..., And people are like, I don't r...

Sound Patterns37%

20 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases7%

at the end of the day, i mean

Literate Indicators

Hedging15%

maybe, rather, relatively

Passive Voice11%

be scared, is determined, is divorced

Abstract Nouns26%

investment, intervention, weakness

Subordination7%

because, since, while

Sentence Length39%

Avg: 14.9 words/sentence

Word Complexity50%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style45%

297 personal pronouns found

Descriptive Style74%

roughly, broadly, really

Description

There's a lot going on in currency markets and global trade at the moment. The Japanese yen has been falling, even after authorities seemed to intervene to try to arrest the slide. Meanwhile, weakness in the Chinese yuan has helped boost that country's exports and is fueling talk of a new "China Shock" for the rest of the world, even as its economy continues to grapple with slower economic growth and excess capacity. In this episode of Lots More, we bring back Brad Setser, senior fellow at the Council on Foreign Relations, to walk us through these developments, along with his new paper, "Power and Financial Interdependence." We also talk about what China's excavator exports can tell us about its economy. See omnystudio.com/listener for privacy information.

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