Joined 1 year ago
Wonder what'll happen to JPY once the Yen-carry unwinds from this massive hype-cycle - will probably hit 70 JPY to the dollar! Currently Sony Bank in Japan offers USD time-deposits at 8% pa. - that's just insanely high for what is supposed to be a stable developed economy.
Wonder what'll happen to JPY once the Yen-carry unwinds from this massive hype-cycle - will probably hit 70 JPY to the dollar! Currently Sony Bank in Japan offers USD time-deposits at 8% pa. - that's just insanely high for what is supposed to be a stable developed economy.