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'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World

Tyler Durden
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'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World

'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World Via Greg Hunter’s USAWatchdog.com, Eight-time, best-selling financial author Jim Rickards is warning of a financial calamity already underway that Treasury Secretary Scott Bessent is trying to contain.  It is the Japanese yen carry trade where the US Treasury is propping up the yen’s value.  Is the yen carry trade coming to a halt and can it blow up things?  Rickards says, “The answer is yes and yes..." "Somebody wrote me and asked if the yen carry trade is a big deal?  I wrote them back and said there is nothing bigger.  This is actually the biggest story in the world.” In simple...

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