Japan Is Cratering, The Rest Of The World Is Next...
Yen. Image Source: Pixabay
Japan was the epicenter for a wave of liquidations in smashing financial markets all over the world. It had all the telltale signs of a collateral and margin call. This wasn't about Japanese banks or even Japan, rather the sudden realization of the US soft landing narrative going up in smoke triggered a monster repricing and revaluation. So, what does all that mean?
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