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37 sats \ 20 replies \ @Satosora 7 Aug 2024 \ on: Japan Just Crashed The US Market! econ
"Smooth seas never made a skilled sailor."
Are the rough seas like the economies that keep collapsing?
Basically
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This video makes it sound like Japan is trying to cripple the US, but they are just trying to stablize their own economy.
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I think there is an element of geopolitics, as well as domestic monetary policy. Nothing happens in a vacuum.
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Right, but Japan is tied to the US.
There isnt a point in trying to cripple the US.
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I doubt they wanted to cripple the US and I don't think they did. I think they wanted to change the power balance between themselves and the Fed, though, which consequently led to a market correction.
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All of this is happening because the US printed so many dollars.
Sounds like everything went peachy!