トランプが高濃縮ウラン(dust)の米国への移送にこだわらない姿勢を示したが、No dust, No dollarsの方針は変えていない。そこでカタールがイランに人道支援目的の融資をするという案が浮上、ガリバフとアラグチがカタールを訪問したのはこのため。トランプは共和党やイスラエルの不満を抑えるため、アブラハム合意の拡大を目指す。
Japan is in denial. If you think you can campaign on an end to "excessive" austerity with debt at 240% of GDP, markets will teach you a harsh lesson. Yesterday, even though Japan's JGB yields shot up (blue), the Yen fell (black). This is crisis territory.
https://t.co/Jx8GF3zdWi
The Yen this week fell sharply after the Bank of Japan hiked its policy rate. That's an alarming signal. Japan is in a debt crisis. The way out is to cut spending, hike taxes and sell government assets. If that doesn't happen, Yen debasement will continue.
https://t.co/dav52EbIKc
Japan is in denial on debt. It's 10-year gov't bond yield is only 1.8% (blue), which looks ok, but that same yield 10-years forward is 4.0% (orange) and 20-years forward is 4.4% (red). The only certainty for Japan is that it'll have either a debt crisis or a currency crisis...