Their annual interest rate is 2-3%. I could just ask them for money and put it on S&P. WTF, is it that easy?
>>59612537>I could just ask them for money and put it on S&P.Congratulations, you just came up with the carry trade that the Nips have already been doing for decades.
>>59612548So, they basically are born with a cheat code where they just need to get credit with banks and that's it. You're making money now, congrats.
In Japan, not paying back loans is considered dishonorable and brings great shame to family for many generations.
This is how the Asian currency crisis happened in the 90’s. This is infinite free money until Japan reverses course, raises rates and their currency strengthens against everyone
The BOJ is about to hike interest rates, because the citizens are mad that the JPY is losing value.I'm thinking about buying some JPY. Destroy all carry traders.
>>59612573Fuck it, there are some based Japaneses who wouldn't give a fuck about that. And you can pay it regularly, you'd still be making money.>>59612581But, right now, their currency is bleeding>>59612595That was my thought but now, I'm thinking that if they were going to do that, they would have done it by now. Maybe they are just some stubborn fuckers who will ride it to 0 lol
>>59612548What happens if you buy BTC instead?
>>59612614They will hike no later than end of march. JP02Y is already going up a lot.The BOJ has increased the interest rates last year as well.I think the JPY/USD chart looks ready soon. Only problem I have in mind are Trump's tariffs.JPY/USD weekly> bulldiv> falling wedge> generational double bottom
>>59612537>I could just ask them for money and put it on S&PRetard, that is literally the Bank of Japan's strategy
>>596125952 more weeks
How can Japan be in such a state with all the companies they have? Cars, motorcycles, heavy equipment... everything they do is great. It doesn't make any sense.
>>59612537>Their annual interest rate is 2-3%. I could just ask them for money and put it on S&P. WTF, is it that easy?Yes, that is how things works when your society lacks niggers and jeets.
>>59612537Their interest rates will raise too. Mizuho financial services make up 30% of my portofolio. Not bad performance so far.
