Date: July 16th, 2026 8:12 PM Author: pearly well-lubricated black woman
Correction. I am longing the Yen now, in anticipation that Trump is going to say some wild shit about term limit abolition, using some emergency order to vacate Senate seats, suspending mid terms, jailing Democratic party members... any combination of those which I expect at least an 8-12% flash crash overnight in Dollar
Date: August 14th, 2026 8:51 AM Author: Charismatic rough-skinned ceo
japan has spent 2 months defending its currency by buying its own yen with little success. typically japan would sell USTs, but agreed to US on joint intervention - japan instead drained its US cash reserves, US sold its euro reserves to buy yen, trying to push yen up. US does not want japanese UST sale because it would crash US bond market. US also created a repo facility which allows japan to borrow US dollars based on japan UST holdings, this is the important part - this is effectively QE albeit the money is going to japan, but it is printer goes brrr.
Date: August 14th, 2026 8:54 AM Author: Charismatic rough-skinned ceo
if japan cannot defend the yen, it will mean regional crisis like asian financial crisis of 1988 (korean won will be screwed first after yen). this would affect the US markets, yes, but not in a good way.