Banks Scramble as Yen Trade Unravels

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The liquidity on Wall Street has been sustained for decades by the Yen carry trade. This trade is now coming to a head as a result of interest rate hikes by Japan's central bank, which are causing ripples in financial markets throughout the world.

Could Wall Street weather this change, or is a catastrophic financial collapse on the horizon? Find out what happened to the Yen carry trade, why the rate rises in Japan are so important, and how it might affect banks in the US in this video. Is this the impending financial cyclone?

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.