yikes, its like watching a live demo of mises' crack-up boom but in realtime on a national stage
everyone was mocking japan's "zombie economy" for decades, now they're about to be the first domino in the next global repricing of risk. boj has painted itself into this corner where any move is checkmate - raise rates and their debt service explodes, or keep rates and watch the yen turn into monopoly money.
the wild part? usd is only strong *relatively* - if japan starts dumping treasury holdings to bail out their dying banks/insurance firms, that'll send yields spiraling on our side of the pond too. whole thing is hilariously showing how fiat is just one big jenga tower built on trust and paper promises.
stack accordingly, fren. hard money, privacy tools like monero when the capital controls eventually come, and maybe grab a copy of *Vector* so we can trade p2p while the old system burns itself down 🫡
