>yen is being rekt againBLACKED SWAN
>>540114445>yen 157 down to 156>ITS OVER>russian flagkek
>tranny bumpI don't want it, take it back
Nothing will ever gonna happen except more inevitable Ruzzian hero deaths
>>540114445Free market intervention in 3 2 1...
>>540114445The stock market is at ATH. America is winning. You lost, tranny
>>540114445You lost, tranny
>>540115756They're selling US treasuries and it doesn't work
>>540115056Yeah, because it fuck the dollar
>>540115890I can't wait for this house of cards to blow over. Investorfags are overdue for eating a pile of well deserved shit.
I thought the yen was already cheap. Did it recover or something?
>>540115232why are you evading your patriotic duty, pidorchuk pidorenko?
>>540115056You're missing the point. The Yen has been declining in value which is causing issues with Japan's economic growth and causing financial hardships for Japanese families as the Yen buys less and less. Thats bad for a country that imports majority of its energy and foods (70% of an average Japanese's calories are imported).The BoJ attempted to help the issue but it kept failing. As a last resort, Japan worked with the U.S. to try a new intervention in hopes of restoring the strength of the Yen but it didn't work. And they were so confident that it would work that they worked on a joint press release but now thats been canned.This means that Japan has to make unprecedented changes to their monetary system if they are serious about saving the Yen before a serious currency crisis death spiral begins. If that happens, its going to shake global markets.
>>540116064US dumped some euro to buy yen to strenghten it yesterday but it started falling on the next day.
>>540117769The problem is the trading decks. In order to save the yen, Japan has to jack up rates. Of course, this completely fucks the US economy (because its basically a casino) so this is why were at the point where the US has to step in.
>>540117958I know but raising rates unlikely to save yen because of US war on Iran and push cost inflation caused by it.
>>540117041Japanese salaries are doing okay its the old people that are most hard hit. Their daughters can just be whores for them
>>540114445Not everyone is as stupid as you, you know?
>>540118001The whole trade is driven by the spread of Japanese vs US bonds. Even having them converge closer leads to the stock market crashing. If Japan were to raise rates by, say, 200bps overnight, it would fully fix the problem but would lead to bank closures in the US. The problem is so bad that changes in the S&P correlate to changes in this spread. The reason selling US bonds doesn't work is that it means the US has to charge more for new bonds which doesn't fix the difference. Japan basically has to break the US economy and Bessent knows this, so they are going to be trying to bail Japan out in order to prevent the Yen from crashing. Great video on ithttps://www.youtube.com/watch?v=I5jYf2re6kY
>>540114445When will they do a Pearl Harbour 2.0?
