Tuesday, June 21, 2022

Japan's the Worst Currency CRISIS in 20 years (Video 14')

 I always expected that the 60 trillion USD real estate bubble in China would explode the world economy. But it now looks more and more likely that it may be the Japanese Yen and the Bank of Japan buying for the first time over 50% of the JGB (Japan Government Bonds) which will do the trick. The reality is that no one knows. As the world economy becomes more fragile, teetering on the edge, the trigger may come from an unexpected player. A developing economy close to bankruptcy like Thailand in 1998. The war in Ukraine taking a wrong turn. Relations between China and the US getting off tracks. The list is getting longer. Time is getting shorter!


 

No comments:

Post a Comment

Dollar Squeeze Is Causing “Debt Spiral” In U.S. Bond Market, Argues Luke Gromen (Video - 1h20mn)

   A long but interesting video. What Trump is inheriting is not just just an international mess but a domestic economy close to the peak of...