finance

The Yen-carry trade has been the lynchpin supporting global liquidity for 30 years. 

Estimated Yen carry trade in stocks and bonds is ~$4.5 trillion

If this blows, 2008’s credit freeze will look small

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

(and that's just the initial first-order effects...ie the Bear Stearns early warning sign effect that something bad is going on)...the follow-on effects and eventuality of the whole thing is well defined right here:

Been playing the game of crypto since 2014; Angel investor;
My free Discord to discuss crypto with megabrains: https://discord.gg/NhJHTKcQBP

(and that's just the initial first-order effects...ie the Bear Stearns early warning sign effect that something bad is going on)...the follow-on effects and eventuality of the whole thing is well defined right here: https://twitter.com/stackhodler/status/1778359505601908930

Few understand the implications of this or the FOREX for that matter. Could pretty easily take out a couple HF's and even an i-bank or 2.

Interestingly, one ex-googler suggested this call in our space in 2019. Back then it didn't look like it was going to happen

couldn’t BOJ raise interest rates to hedge against this?

They'll be forced to end the carry trade soon. Especially if interventions arent working anymore..

If Japanese govt doesn’t defend currency, what will happen to global economy?  What Domino effects happen!?
5 $degen

Just saw that posted word for word on X. Congrats, people are taking your content.