The Fraternity is Pi Kappa Phi
Cutting rates doesn't necessarily mean lower bond rates, that is decided by the market. And if our current Resident keeps borrowing money like he is, the bond yields will reflect that US Treasuries are no longer the safe haven they used to be (if you haven't been convinced of that already.)
It's the crash that needs to happen for things to actually get better.
The Yen devaluing affects our economy too.
Lots of US tech stocks and Treasury bonds bought through the Yen Carry Trade. I'm not sad to see those crash though.
Absolutely. The regular people are going to suffer sadly.
@DarioCPX - 🚨 EXPLAINING AND SIMPLIFYING THE $JPY (COUNTERINTUITIVE) “DOOM LOOP” 🚨
https://justdario.com/2024/04/explaining-and-simplifying-the-jpy-counterintuitive-doom-loop/
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
There's a great explanation of the importance of the Yen Carry Trade on this thread
https://x.com/kurtsaltrichter/status/1775171880476889489
People do the Yen Carry Trade by borrowing Yen at a low interest rate (less than 1%) then take the borrowed Yen and invest it in higher interest rate Treasuries of another country (like the US around 5%) or into US tech stocks.
Basically the Japanese Central Bank has been running out of bullets to keep the Yen from devaluing below 150 Yen/Dollar. People doing the Yen Carry trade are essentially leveraged I'm their position and as the Yen devalues, they can lose their collateral for the borrowed yen and get liquidated on their trade.
Their options are to find more money to add to collateral and keep the Yen Trade going, hope the Yen doesn't keep devaluing and their trade gets liquidated, or unwind their carry trade and sell off their Treasuries/Tech Stocks for $ then convert to ¥en then give back the borrowed yen and sell anything leftover. Unwinding the trade also can devalue the yen as well, pushing more people to have to unwind or get liquidated as well.
New machines have been ordered and will start after the next global crash.
They will be called CBDCs and will be the end of the line for bankers. They won't be accepted by people and bankers won't be successful.
The money printer is not going brr anymore. The money printer stopped running and loans have to be payed.
There is not enough money in existence to pay for the loans so you get bankruptcies and defaults. When this happens the loans disappear. When the loans disappear, money is electronically erased from existence because it was only made through loans.
Money printer not go brr, money printer vacuuming all the money and physical resources.
Such is the way of government and the older generations of any time.
I agree, this is happening regardless in China. Its a systemic problem with the Japanese monetary policy. I thought it was a perspective worth sharing though.
Yo! You watch Uberboyo? He's got some great content!
Does this family member have a history of making bad decisions before taking the vaccine shots?
Thanks for sharing!
Nobody Special Finance also had a great video on this back in January:
Buy Now Pay Later Loans Are Worse Than You Think | Nobody Special Finance
ssh is Secure Shell Protocol which is a cryptographic protocol that is primarily used for open source projects.
https://en.wikipedia.org/wiki/Secure_Shell
Its much bigger than banking.
I've heard others say Linus is a Marxist too but didn't have anything to back it up. Where is your source for this info?
I agree. God level reset or a holy split.
Book link is here:
https://www.amazon.com/Hijacking-Bitcoin-Hidden-History-BTC/dp/B0CXWBCWDR