🚨 JAPAN COULD BRING DOWN THE ENTIRE GLOBAL ECONOMY.
And most people have no idea about it.
This week, Japan's 10Y and 20Y bond yields have hit a 30-year high.
The Japanese yen is already at a 40-year high.
And the US-Iran situation has started to escalate again.
This situation means the disruption of oil flows through the Strait of Hormuz and higher inflation for Japan.
High inflation would result in the BOJ becoming more hawkish, and such a move will strengthen the yen.
The same yen, which has been the global liquidity source, will suddenly become strong.
This is precisely when the yen carry trade unwinds, which is worth almost $4T-$6T.
During the yen carry trade unwind, investors will sell their assets to repay their debts.
This includes stocks, precious metals, commodities, crypto, bonds and every other asset.
A sudden sell-off on all these assets would wipe out trillions across the market.
Global bond yields will spike, forcing a global recession similar to 2008.
Now, this is not something that will happen tomorrow.
But it'll happen eventually, and the wealth destruction would be massive.
The panic has begun.
Phase 2.
I have waited long enough.
You want to understand the whole reverse carry trade argument?
Spend the time on my pinned post.
It’s the only way to save yourself.
And most importantly, your hamster.
It is here.
Goodnight.
A student pilot successfully landed a plane by herself after her instructor jumped to his death mid-flight
She said her instructor told her "You know what to do" before leaping from the aircraft
The SPR is now only ~19MM barrels above tank bottom.
That is a crisis.
This is not the moment to play war games with Iran and risk disrupting Hormuz flows further.
#Oil#SPR#Hormuz#Energy#OOTT#EnergySecurity
Video of Nazi march in Kiev is blowing up online
Westerners are baffled by Ukrainians openly throwing Hitler salutes while police just watch
Some are choosing to believe it's AI
Spoiler: it's not
🚨#BREAKING: Police in New Bern NC are asking the public's help to identify the two men who cut down a brand-new Flock camera that was just installed.
The public allegedly has submitted hundreds of tips by sending in names like "Batman and Robin" and "Lone Ranger and Tonto."
JUST IN: James Cameron announces he’s re-releasing Terminator 2 this summer to remind people that “the good guys win against the AI superintelligence.”