Here’s the 5-phase apocalypse in motion, fueled by today's Japan rate reality:


BoJ at 0.5% (Jan '25 hike, steady Nov '25 w/ 3.6% inflation; Dec bump expected) →
Carry trade implodes →
Trillions in U.S. Treasuries flood market →
Bond yields moon → mortgage rates 8%+ →
Housing crashes → consumers broke → credit defaults → stocks tank → global recession → Fed printer BRRRRR saves the day (post-crash surge incoming).
Position now.
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