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Anonymous
Hey I am on Medial • 11m
There's a catastrophe in the Japanese stock market. 📉 In just 48 hours, the Japanese Topix index fell by 10%—the largest drop since 2011 and the Fukushima disaster. Officially, the reason is cited as the Bank of Japan's increase in the key interest rate. But it's strange to compare a simple rate hike to the impact of a nuclear disaster. 🤔 The real cause of the decline is the turmoil in the US market. And the US is known for solving its problems at the expense of its satellites. I wrote a long time ago that before a recession and serious problems begin in the US, the States would start dragging down their vassals. I expected that Japan, as an important ally in the region, would be spared, and Europe would bear the brunt. But it seems there’s not much left to squeeze from Europe. 🌐💥
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