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96 sats \ 1 reply \ @riberet19 11 Apr 2024 \ parent \ on: Yen: Bank of Japan refuses to intervene econ
I agree with you, adding to the fact that Chinese technology companies are losing quite a few investors and that there is a latent real estate crisis in the country mainly due to the construction in mass of buildings that have been left empty, so it is a perfect breeding ground, we will see what happens.
They are really struggling, that might be why they are moving away from their currency and seeking a gold backed currency.
We will see how much that rocks the world, or if they collapse like their real estate market.
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