>basically nothing ever happens stuff>Japan crasheswtf is wrong with them?
This is the Reverse Carry Trade stuff we were talking about in the XRP General a couple weeks ago. Japan used to be a source of extremely cheap investment capital, borrowing against the future since the 1980s. That free ride ended today so investors all over are panicking and selling.
Japan is the most extreme version of the keyesian expirement. Their implosion is the canary in the coal mine for the rest of the printers
>>61677024>The Yen is falling because markets want to see interest rates rise, which are still at artificially low levels and don’t compensate investors enough for what they see as rising risk of default. Unfortunately, while higher interest rates may stabilize the Yen, they risk pushing Japan into a fiscal crisis. Japan is trapped.The nips are screwed. They're putting a foid into power in hopes that she will print a bunch of Yen and give them a slice of it. I expected more from them, desu.
>>61677024200% debt to GDP and a prime minister who wants you to lip leg
>>61677024Theyre trying to shoehorn greenland into the same article as the japanese bond market blowing up we are so fucked
>>61677057She’s going to win right? She’s cutting food sales tax and that’s the nail in the coffin allegedly
>>61677057Shes extremely popular i dont know why she called a snap election and promised a 30 billion tax cut as the bond market was already stressing, this is bad definitely need japan cap rates plus permanent swap line idk
>>61677057Most of Japan's debt is internal instead of external so quit pretending you are an expert on Japan