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Business Daily Ep467
If you walk around the popular streets of Gangnam or Itaewon in Seoul, it's easy to spot clusters of shops that mostly serve the same purpose. Many of them rely on loans taken out by self-employed business owners and rapidly rising debt levels on that front have pushed banks to take action.
A number of world economic institutes have rolled out their projections for the year, highlighting a number of unpredictabilities. One of them, is Donald Trump and his trade protectionist policies that's set to affect many nations around the world. With just one day away from his inauguration, we sit down with prominent U.S. economist Allen Sinai to discuss some of the decisive factors.