Japan’s state pension fund, the world’s largest, just reported a staggering $4.5 billion loss for the quarter.
The financial situation in Japan is growing increasingly precarious, and the market is feeling the heat as the 10-year breakeven rises, putting significant pressure on the yen. To combat the surging inflation, Japan has approved a massive $110 billion stimulus package.
The world's largest pension fund reported a $4.5 billion loss for the quarter.
Which pension fund is this?
Japan’s state pension fund.The movie is getting good.
People are significantly underestimating the monetary mess in Japan.
— Gold Telegraph ⚡ (@GoldTelegraph_) November 3, 2023
Meanwhile in Japan
The 10y breakeven continues to rise, putting pressure on the yen. pic.twitter.com/UpQ8MCC9BQ
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) November 3, 2023
NEW: 🇯🇵 Japan approves $110bn stimulus package to fight inflation 👀 pic.twitter.com/y2e61fO9PO
— Bitcoin News (@BitcoinNewsCom) November 3, 2023