The confiscation of Russian wealth reduced debt by 200 billion IIRC. Another 800 billion confiscation will make the total 1 trillion defaulted.
So no need to devalue USD relative to major FX currencies. They can maintain even high rates for longer.
This means Japanese carry trade is strong. Japan is the only ZIRP left. Better do your startup in Japan if possible
Theodore John Kaczynski /
npub1eg…k9zfr
2024-04-24 09:50:54
in reply to nevent1q…p8hs
Author Public Key
npub1egvswnt7kelt7x9wew3sakuavpq8a4kg9leyp59xqfj5rwnayq2qgk9zfrPublished at
2024-04-24 09:50:54Event JSON
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