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Giuliano Giacaglia
@giu
The Yen-carry trade has been the lynchpin supporting global liquidity for 30 years. Estimated Yen carry trade in stocks and bonds is ~$4.5 trillion If this blows, 2008’s credit freeze will look small
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Jumaz
@jumaz
If Japanese govt doesn’t defend currency, what will happen to global economy? What Domino effects happen!? 5 $degen
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