Six years ago, when I started my anti-war activities, my mom became a god and I prayed for Israel to be wiped out. Even the wealthiest people probably couldn't have their wishes granted. But coz my mom became a god, it came true. She only grants what is right. Thank you, Iran 🇮🇷
Les forces iraniennes ont détruit un pétrolier qui tentait de franchir le détroit d'Ormuz sans autorisation.
Les prix du baril de pétrole sont repartis à la hausse.
Pendant ce temps, les exportations de pétrole russe battent tous les records !
🚨 BLOODBATH continues in South Korean and Japanese markets.
Over $400 BILLION has been wiped out from South Korean and Japanese stock markets today as the sell-off in semiconductor and tech stocks continues.
South Korea's KOSPI closed down -5.35%, wiping out ₩326,350,000,000,000 ($219 BILLION).
Japan's NIKKEI closed down -2.11%, wiping out over ¥30,173,000,000,000 ($184 BILLION).
Over $850 BILLION has been wiped out from both markets in just two days.
Why Japan is in the most dangerous economic position right now.
1. 10 year and 20 year bond yields just hit 30 year highs. Every business and the government itself now pays more to borrow.
2. Debt is at 206% of GDP, the highest in the developed world. As yields rise, the interest bill rises with it automatically.
3. Working age population has fallen by 14% since 1995. Birth rate is one of the lowest on earth. The tax base is shrinking every year while elderly costs keep rising.
4. The yen is at 40 year lows. The BOJ is raising rates to defend it. But higher rates make servicing 206% debt more expensive. There is no good option here.
5. GDP growth is 0.6% for 2026. There is almost no buffer to absorb any shock.
6. Inflation is now above 2% after 30 years of deflation. This is forcing aggressive rate hikes, which feeds directly back into the bond yield and debt problem.
7. Japan imports 87% of its energy. 93.5% of its crude oil comes through the Strait of Hormuz.
When the Strait was effectively closed in February 2026, oil surged past $110. Nomura estimates crude at that level wipes out 0.6% of GDP, almost the entire year's growth.
Every problem feeds into the next. There is no clean exit.
BREAKING:
Japan will dump foreign bonds today at 7:50 PM ET!
The Bank of Japan selling foreign bonds again.
Most of it U.S. Treasuries.
The yen still breaking against the dollar despite record interventions.
BOJ rate hike expected in July with 97% probability.
When Japan sells. Yields rise.
When yields rise. Everything reprices.
China at an 18-year low in Treasury holdings.
Turkey dumped 89% in a single month.
Now Japan stepping up the pace.
The largest foreign holders of U.S. debt.
All heading for the same exit.
The Fed absorbs what they sell.
With printed money.
The system is shifting.
And the bond market is where it shows first.