THERE'S NO STOPPING JAPAN'S ECONOMIC CRISIS
Japan's 2-year bond yield just hit 1.692%, its highest level in 31 years. It was negative in early 2024.
That's a rise of nearly 170 basis points from below zero in just two years.
The 5-year is at 2.173%, also a 31-year high, and the 10-year is at 2.929%, a 30-year high. The entire curve is repricing at once, not just the short end.
Japan already carries debt worth around 205% of GDP, while Q2 GDP growth came in at just 1.1% annualized versus 2.0% expected.
Rising debt, weakening growth, a falling currency and higher borrowing costs are all hitting Japan at the same time.
It is the worst combination a country can face.
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Japan's 2-year bond yield just hit 1.692%, its highest level in 31 years. It was negative in early 2024.
That's a rise of nearly 170 basis points from below zero in just two years.
The 5-year is at 2.173%, also a 31-year high, and the 10-year is at 2.929%, a 30-year high. The entire curve is repricing at once, not just the short end.
Japan already carries debt worth around 205% of GDP, while Q2 GDP growth came in at just 1.1% annualized versus 2.0% expected.
Rising debt, weakening growth, a falling currency and higher borrowing costs are all hitting Japan at the same time.
It is the worst combination a country can face.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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China's Foreign Ministry to Japan:
Only by facing up to and learning lessons from history can one avoid repeating past mistakes.
We once again urge those running the Japanese government to heed the just call from home and abroad, deeply reflect on its war crimes, make a clean break with militarism, and stop going further down the wrong path.
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Only by facing up to and learning lessons from history can one avoid repeating past mistakes.
We once again urge those running the Japanese government to heed the just call from home and abroad, deeply reflect on its war crimes, make a clean break with militarism, and stop going further down the wrong path.
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Many of our Western men are dead from fighting these savages & now our Governments have been mass importing them into our nations & they are being placed into positions of power by our treasonous Government.
Our Veterans were told by our Governments to fight them overseas so that they don’t bring war to our shores then the Government imported them all into our nations.
And now they are r*ping our children, women & even our men, they are terrorising & killing our people & the Government says if you complain about it, you are Islamophobic.
The biggest threat & danger to the West currently is our own Governments.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Our Veterans were told by our Governments to fight them overseas so that they don’t bring war to our shores then the Government imported them all into our nations.
And now they are r*ping our children, women & even our men, they are terrorising & killing our people & the Government says if you complain about it, you are Islamophobic.
The biggest threat & danger to the West currently is our own Governments.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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A British girl raised in Japan realizes she's culturally Japanese. I can relate.
I need Western food at least three times a week: Costco hot dogs, pizza, steak, prime rib, meatloaf, mashed potatoes, etc.
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I need Western food at least three times a week: Costco hot dogs, pizza, steak, prime rib, meatloaf, mashed potatoes, etc.
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Australia is NOT a Democracy.
Democracy is a system of government where power belongs to the people.
Labor are corrupt, rogue & do not even represent the people of Australia. They put foreign people before Australians.
They have betrayed & neglected Australians.
They ignore referendum results & just do whatever the hell they want without consulting with Aussies & they show no accountability.
In Australia we have NO Freedom of thought, speech, expression or association & they want to also control our access to information.
2/3 of Australia didn’t vote for Labor & somehow they have unprecedented power.
Democracy…
Give me a break
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Democracy is a system of government where power belongs to the people.
Labor are corrupt, rogue & do not even represent the people of Australia. They put foreign people before Australians.
They have betrayed & neglected Australians.
They ignore referendum results & just do whatever the hell they want without consulting with Aussies & they show no accountability.
In Australia we have NO Freedom of thought, speech, expression or association & they want to also control our access to information.
2/3 of Australia didn’t vote for Labor & somehow they have unprecedented power.
Democracy…
Give me a break
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CHINESE 5 YEAR BOND YIELD JUST CRASHED 7% IN ONE DAY.
This is a move you rarely see in government bonds.
The yield fell to around 1.339%. It was 2.52% at the start of 2024.
Money is piling into government bonds because there is nowhere else to put it. Property is still broken and demand is weak.
Its stock market is still down 36% from the 2007 peak.
Investors are locking in 1.339% for five years because they expect things to get worse, not better.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
This is a move you rarely see in government bonds.
The yield fell to around 1.339%. It was 2.52% at the start of 2024.
Money is piling into government bonds because there is nowhere else to put it. Property is still broken and demand is weak.
Its stock market is still down 36% from the 2007 peak.
Investors are locking in 1.339% for five years because they expect things to get worse, not better.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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I think that over the next 6–12 months:
$BTC: $100K - $150K
The last time Bitcoin volatility was this low in a bear market was in 2022.
Bitcoin was in its bottoming phase and went parabolic shortly after.
Something big is coming…
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
$BTC: $100K - $150K
The last time Bitcoin volatility was this low in a bear market was in 2022.
Bitcoin was in its bottoming phase and went parabolic shortly after.
Something big is coming…
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Media is too big
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You can make a billion dollars betting on horse races with nothing but math. One quant already did it - and he had zero interest in horses.
His name is Bill Benter. In the 80s he moved to Hong Kong, built a model with 120+ variables per horse, and quietly won close to $1 billion off the track. No tips. No inside info. Just statistics.
I tried a tiny version of this once - a model to beat a betting market I was sure was dumb. It lost for months. Benter's 1994 paper showed me why.
His model didn't work either, until he added one variable that felt like cheating. The public's own odds. The crowd had already priced in things his numbers couldn't see. So he stopped fighting the market and fed it in as his best feature. Break-even became a billion.
There's a short interview where he explains how he actually thinks about all of this. Most people who bet have never watched it. Worth the few minutes.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
His name is Bill Benter. In the 80s he moved to Hong Kong, built a model with 120+ variables per horse, and quietly won close to $1 billion off the track. No tips. No inside info. Just statistics.
I tried a tiny version of this once - a model to beat a betting market I was sure was dumb. It lost for months. Benter's 1994 paper showed me why.
His model didn't work either, until he added one variable that felt like cheating. The public's own odds. The crowd had already priced in things his numbers couldn't see. So he stopped fighting the market and fed it in as his best feature. Break-even became a billion.
There's a short interview where he explains how he actually thinks about all of this. Most people who bet have never watched it. Worth the few minutes.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
💯2
The Ebola outbreak in the DR Congo has officially become the deadliest in the country’s history, with the death toll rising to 2,325 people.
According to data released by the DRC’s National Public Health Institute, confirmed cases have surged to 4,945.
The United Nations reported that the virus has been killing roughly one person every 30 minutes.
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According to data released by the DRC’s National Public Health Institute, confirmed cases have surged to 4,945.
The United Nations reported that the virus has been killing roughly one person every 30 minutes.
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