As I predicted, the Japanese “free money” glitch is officially over, and accelerating.


For decades: Borrow yen at 0%, buy U.S. stocks & Treasuries at 4-5%, pocket the spread.
Now BoJ at 0.5% (up from -0.1% in '24, paused since Jan '25 as inflation hits 3.6%), making it bleed.
Result: Japanese funds dumping $1.3T in U.S. Treasuries → bond yields spiking → mortgage rates exploding → housing freeze 2.0 loading…
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