Over the past 30 years, Japan's interest rates have been zero or even negative. Smart money around the world has been borrowing yen, converting to dollars to buy U.S. stocks, U.S. bonds, and Bitcoin. Conservatively estimated, the scale reaches up to $5 trillion. Japan is essentially a free ATM for the global asset bubble.


But now the ATM is breaking—Japanese citizens can't survive anymore. Over the past year, the price of rice has increased by 90%, and eggs by 50%. The yen has plummeted, causing the prices of imported grains, oil, and natural gas to rise, all passed directly onto the people.
The Bank of Japan is being roasted over the fire: not raising interest rates, the yen continues to fall, and people's livelihoods are at risk; even a tiny rate hike would cause the $5 trillion carry trade to collapse instantly—everyone would sell U.S. stocks, U.S. bonds, and Bitcoin, rushing to buy yen to pay off debts. A global financial tsunami. #股票交易挑战最高赢17000U
BTC-1.82%
NG1.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned