@BYUGuy87@DB_DevilDog DTCC comes online next month and rolls out phase 2 in Oct. do you think BOJ still going to roll out a quick interest hike or smaller points monthly ?
JIM RICKARDS CALLED THIS IN 2014.
Reverse carry trade. A strait being shut down. An 'ice-9' financial freeze. He laid it all out in his book while he was consulting for the US government.
Fast forward to 2026: Strait of Hormuz tensions, the Bank of Japan running out of currency-intervention bullets, treasuries selling off, the Federal Reserve in a corner.
This isn't being made up as it goes, it was war-gamed a decade ago. The only question is the timing.