Interesting bit of info, the Asian Financial Crisis began in July 1997 but only became a major economic crisis when things worsened in November. t.co/L8TZwJ1fgM
— Financelot (@FinanceLancelot) October 31, 2023
Exactly. They have billions of US Treasuries they can sell, so there's no reason to let their currency rise now unless that's the plan.
— Financelot (@FinanceLancelot) October 31, 2023
MARKET DOES NOT TRUST JAPAN ECONOMY BECAUSE OF NO EQUILIBRIUM AT ALL BETWEEN INTEREST RATE AND DEBT CRISIS IN THE ECONOMY MEANS JAPAN INTEREST RATE MUST BE GOING UP+UP+UP MUCH HIGHER THAN EVER—> UNLESS BOJ TOTAL REMOVES ITS(-) INTEREST RATE THERE WILL BE NO YEN'S APPRECIATION!! pic.twitter.com/4atTbWZqvg
— Sean Yun!:) (@YunSean1234) October 31, 2023
Japan is the Grand Monetary Experiment. They are "proof" a country can have a stable currency and low inflation with mountains of debt. If the Yen begins to collapse that will signal the beginning of the end of the global monetary system as we know it. pic.twitter.com/sf4SVYjHib
— TonyIsHere4You (@TonyIsHere4You) October 31, 2023
Yen in complete collapse
151.13 now ….last time here was 1989
like USA , they have a debt to GDP problem that isn't going away
at some point they have to dump their UST to buy Yen
— Dividend Master (@DividendMaster) October 31, 2023
If they stop easing, that will be the end of the global financial system.
The West will force them to destroy the yen instead and delay the collapse. t.co/ZalemCjgEy
— Dorian Dantes (@ddantes69) October 31, 2023
Chinese Stocks just saw net selling by foreign investors for a 3rd consecutive month, the longest such streak in history pic.twitter.com/puXX38XpZ9
— Barchart (@Barchart) November 1, 2023
Historical data shows that countries with high & rising private debt are more vulnerable than those with high public debt levels.#privatedebt #debt #china #realestate #crisis pic.twitter.com/MjM9mIcleK
— Equito (@EquitoCo) October 30, 2023
IMF now says high inflation, and stagnation, will last for years.
That would make 5 years and counting for an inflation that was supposed to be over in months. They predict particular weakness for Germany — which is deindustrializing at a crazy pace. And for Italy, Britain and… t.co/W4RdHnHJMK
— Wall Street Silver (@WallStreetSilv) November 1, 2023