A Complete Incineration
Bondholders see what’s coming. Governments are going to gate them (prevent them from selling) and force them to accept negative real interest rates. This situation is known as Financial Repression.
Chiswick, West London
Wednesday, May 1st, 2024
By Tom Dyson, Investment Director
Japan’s currency is crashing. It’s down 50% against the dollar since 2011, but recently its decline seems to be accelerat…