finance

For the first time since 1990, the Japanese Yen weakens to 160 against the US Dollar.

This is a preview that’s about to happen to the U.S. if we don’t get our finances in order

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

By finances in order, what do you mean exactly?

Isn't this the result of a crazy free money arb to take out low interest Japanese loans and then put it all in foreign (e.g. US) money markets

Japan is the largest non-U.S. holder of Treasuries, with $1.167 trillion. Seems like a great buying opportunity for a country bold enough.