Welcome back to World Ledger. I am Coco.
No better time than now to take a step back and explore the global economy from a broader perspective. In this engaging new episode, I sit down with Shengbei Guo, CEO of New York-based GSB Podium Advisors, to unpack some of the most critical economic developments shaping the world. With his unique experience spanning the U.S., Japan, and China, Shengbei brings a global lens to these complex topics.
Here is what we cover in this episode:
✍️China’s economic challenges: We dig into the root causes behind its current struggles and what they mean for the global economy. Monetary and fiscal strategies: How is China working to revitalize its economy and what’s the potential outlook?
✍️Gold and Bitcoin rallies: We explore the driving forces behind these surges and what they signal for investors.
✍️The U.S. dollar’s dominance: Is its position as the world’s reserve currency under threat? We weigh the evidence.
✍️The global outlook: Shengbei shares his predictions for the economy and key asset classes moving forward.
As the CEO of New York-based GSB Podium Advisors, Shengbei offers over two decades of expertise from his time at Morgan Stanley and Deutsche Bank in New York to his time at leading Chinese financial institutions such as CITIC Securities, where he held senior roles in investment management until 2022. He brings a rare insider’s perspective to the table.
In the interview, Shengbei mentions the following information:
Scott Bessent’s 3-3-3 economic growth plan: a sustained 3% growth rate for real GDP, a federal fiscal deficit of no more than 3% of GDP, and an increase in domestic oil production of 3 million barrels a day
The Kalecki-Levy profits equation: Profits = Investment + Government Deficit - Household Savings - Foreign Savings + Dividends
A User’s Guide to Restructuring the Global Trading System by Stephen Miran, who has been nominated to serve as the Chairman of the Council of Economic Advisers in the new Trump Administration
Timestamps:
00:59 Challenges Facing China's Economy
02:07 The Unique Growth Model of China
04:48 The Turning Point: 2021
10:45 China's Transition to New Growth Engines
16:53 Monetary and Fiscal Policies
25:21 Global Trade and U.S. Dollar as a Reserve Currency
27:28 The Gold Rally, Bitcoin and MicroStrategy
39:17 2025 Economic Outlook and Asset Classes
42:51 Conclusion and Final Thoughts
For the full episode, besides Substack Podcast, you can also listen on
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I am Coco Kee, author and host of World Ledger with Coco Kee newsletter and podcast, a rebrand from BlockchainAsia, the Co-founder of Kee Global Advisors, and a dog lover with a Goldendoodle, Lucy.
My podcast is available on Substack, Apple Podcasts, Spotify, YouTube Podcast, and many other major platforms like iHeart Podcasts, Goodpods, and Amazon Music Podcasters.
Email: worldledger@substack.com
The content in the newsletter and podcast is for informational and educational purposes only, represents personal views and opinions, and does not constitute investment advice or recommendations.
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