Major Banking Giant To Sell $63 Billion In US Treasuries - Expect Bigger Failures & Losses

Major Banking Giant To Sell $63 Billion In US Treasuries - Expect Bigger Failures & Losses
In a sudden twist, Norinchukin Bank in Japan is in crisis with massive losses surfacing. This has prompted them to dump tens of billions of US & EU bonds. The collapsing Japanese economy, weak Yen and Fed rate hikes are causing one of Japan's oldest banks horrible losses. This isn't good for the global economy.

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