$BTC I can't believe it! Japan's 'financial coffin lid' is about to burst!
Is the 2-year government bond yield soaring past 1.03%? That's a corpse transformation in the coffin! The yield has broken through the highest point since the 2008 financial crisis, and this signal is more tragic than a ghostly scream— the market is voting with its feet, casting a bloody 'vote of no confidence' against Japan's whopping ¥21.3 trillion (approximately $135.4 billion) 'self-destructive' fiscal stimulus plan. This is not investing; it's a collective escape!
Two major 'self-destructive' insider points: 1. Fiscal self-destruction, towering debt: Japan's debt scale is already 250% of GDP, and interest payments are about to consume a quarter of the annual tax revenue. Does the government still dare to throw money around recklessly? The market is so scared that it directly sells off government bonds, with soaring yields shouting, 'You print money, I'm running first!' 2. Central bank self-destruction, interest rate hike imminent: The Bank of Japan's governor has already given the clearest signal of raising interest rates, and the market expects an 80% probability of a rate hike in December. The era of negative interest rates is nearing its coffin, and the global faucet of cheap yen is about to be tightened!
Global burial? Be careful not to be dragged down! This is absolutely not just Japan setting off fireworks by itself. Once Japan, one of the largest 'creditors' globally, starts a massive capital repatriation for self-rescue, the U.S. stock market and treasury bonds, which have been fattened up, may face a withdrawal crisis. The distant thunder you think you hear may strike your holdings next.
Remember, when a country can't even sell its own government bonds, any paper asset you hold is just a fifty-step laugh at a hundred steps.
Thank you for reading this, and finally, I wish you good morning ☀ good afternoon 🥰 good night 💤
