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« Last post by tp4tissue on Fri, 07 August 2026, 19:20:12 »
So why did we dnfentd the Yen.
Welllll, because if we didn't, it'd blow up, AND They'd have to SELLL THEIR DOLLARRZZ..
We threw ur000p under the bus, just like that, THE POINT IS though, this is extremely TEMPORARY.
Jpn is in a special position also because of the SIZE of their US Bnd holdings.
The OTHER glaring omission in the media, is that Jpn is in serious DIRE STRIETSz on OIL.
ALL of their refineries are setup for Mid-ezzz crude oil, These are not readily convertible.
If they don't haz OIL, their economi stalls, THEY CAN'T MAKE STUFF, if you can't make STUFF, people can't PAY YOU.
Enter bail-outs.
Bail-outs which merely amount to more inflation/ more printing/ MORE PROBLEMS with debt and yields.