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markets. I mean, you've seen this before, but that we've gotten partly through the liquidity crunch, but not all the way. This is this is Paul
McCaulay's graph describing Ninsk's you know description of the cycle that we're in you know where we build up and I'd like to say a little bit about that um
part of it was global imbalances so that the United States was uh essentially
Listen to native speakers pronounce “mccaulay” in real conversational contexts with synchronized timestamps and subtitles.