Who knew this could ever backfire? 🥴🤭
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They knew it could and would eventually backfire. But they also painted themselves quite effectively into a corner. After their initial attempts to get out of the situation fell flat. They settled for kicking the can down the road. To the next administration.
Much like the policy of U.S Government whenever a stupid decision of theirs blows up
Such is the way of government and the older generations of any time.
HUh????
You should look into some of my other recent posts/comments 😉
Japan and the Yen Carry Trade are essential to the global economy. The Yen Carry Trade is crumbling right now.
Here's a great explanation of the importance of the Yen Carry Trade
https://x.com/kurtsaltrichter/status/1775171880476889489
@DarioCPX - 🚨 EXPLAINING AND SIMPLIFYING THE $JPY (COUNTERINTUITIVE) “DOOM LOOP” 🚨
https://justdario.com/2024/04/explaining-and-simplifying-the-jpy-counterintuitive-doom-loop/