🎌 While Japan has been successful in resolving hundreds of financial institution failures, the debt-heavy approach can only be only effective if the value created by credit is larger than the principal

Otherwise, there's another bubble building up 🫧

Illya Gerasymchuk 2024-10-27 15:51

🇯🇵⚠️ Current risks:

• Heavy reliance on debt
• Large US Dollar & Securities exposure
• Currency devaluation, leading to inflation

These could trigger a 90s-style crisis 2.0 📉