Why Hedge Funds Are Buying Gold While VW Kills EVs? | Economic Deep Dive
In this episode of the Deep Dive, we analyze the flashing red flags in the global economy. Why are serious delinquencies on US student loans soaring among young borrowers, and what does it mean for the wider credit system? We break down Volkswagen's decision to halt EV production in six German plants due to softening demand and contrast it with the massive "flight to safety" by hedge funds into commodities like oil and gold.
We also investigate the geopolitical ripple effects: from Iran’s domestic fuel crisis caused by US sanctions to Kenya’s forced sale of Safaricom assets to solve liquidity…
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