China in 'Wrenching' Economic Adjustment: Stephen Gallo

The transcript discusses the potential depreciation of the RMB due to China's economic adjustments, including deleveraging. It highlights the impact of global events like Brexit on the USD and explores currency volatility and investment strategies. The discussion also clarifies misconceptions about China's economic adjustments and their implications.

Discuss the potential risks associated with the PBOC's policy as mentioned in the text.

What is the significance of the dollar's strength in relation to global economic events?