crisis 2.0?

Could Japan be the 1st domino in Great Financial Crisis 2.0?

1/ If the National pension fund of Japan sells UST for their cash flows, They hurt up their entire banking system. Because the entire banking system is a big fat SVB. Low loans to deposits, lots of foreign bonds/ duration. pic.twitter.com/yKs0ZQ8701 — Geoffrey Fouvry (@GraphFinancials) July 28, 2024 48 hours now and the number of …

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