📉 The Japanese yen has fallen below the 163-yen level per $1, hitting a new low in nearly 40 years——


The current exchange rate can’t be pulled back on its own. In just one month, it has repeatedly fallen through 160, 161, 162, and now the 163 major threshold, and there’s been no sign of any real, meaningful resistance.
It really comes down to the fundamental reason: they don’t have the money, and there isn’t much of a good solution;
1. The U.S. daddy’s U.S. Treasuries definitely wouldn’t be something they dare to sell off—they can only hope that the U.S. and Iran will quickly settle their differences peacefully and amicably, otherwise they can only take a beating passively.
2. Interest rate hikes have already been raised by 1%. With a 260% debt ratio, it’s piling on more trouble to an already worsening fiscal situation.
3. Even “creating blood” is hard when you don’t have rice—this small country’s raw materials are highly dependent on imports.
4. There’s only time left to lie flat, and that’s exactly what they’re doing. The result is inflation skyrocketing; whether it’s corporate funds or personal money, everyone is fleeing like crazy.
It feels like if things keep going like this, breaking 165 is not far off!
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