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October
13
2022

Forget the UK… Have You Seen What Is Happening in Japan?!?
Graham Summers

Aaaaaaaaannnd another country is losing control of its financial system.

We’ve already assessed the fact that the financial system of the United Kingdom (U.K.) is in the process of imploding. The British Pound and yields on British government bonds have collapsed in the last month, resulting in the country’s central bank, the Bank of England, (BoE) launching an emergency, unlimited Quantitative Easing (QE) program.

The last time the BoE was forced to do this was during the pandemic crash in March 2020. We’re now over two years out from that and the BoE just had to launch another emergency QE program because the financial system is so addicted to central bank interventions that the BoE can’t even begin to shrink its balance sheet without triggering a currency/ bond crisis. 

Bear in mind, we’re not talking about Uganda or some other emerging market here… we’re talking about the fifth largest economy in the world… and one of the major currencies for trade. 

However, the U.K.’s problems pale in comparison to those of Japan.

The Japanese Yen is collapsing, falling to the lowest levels since early-‘90s. 

The situation became so dire in late September that the Bank of Japan (BoJ) was forced to intervene to buy its own currency for the first time since 1998. 

The Yen bounced for one day and then rolled over to new lows.

Yes, we’ve reached the point at which a MAJOR central bank announces that it will be intervening directly in its currency market… and the impact lasts one day.

See for yourself.

As I keep stating, the Great Crisis… the one to which 2008 was a warm-up, has finally arrived. In 2008 entire banks went bust. In 2022, entire countries will do so.

And smart investors are already preparing for what’s coming…

For those looking to prepare and profit from this mess, our Stock Market Crash Survival Guide can show you how.

We made an additional 100 copies available to the public based on what is happening in the markets.

As I write this there are 19 left.

To pick up your FREE copy, swing by:

https://phoenixcapitalmarketing.com/stockmarketcrash.html

 

Graham Summers, MBA is Chief Market Strategist for Phoenix Capital Research, an investment research firm based in the Washington DC-metro area.

Graham’s sterling track record and history of major predictions has made him one of the most sought after investment analysts in the world. He is one of only 20 experts in the world who are on record as predicting the 2008 Crash. Since then he has accurately predicted the EU Meltdown of 2011-2012 (locking in 73 consecutive winners during this period), Gold’s rise to $2,000 per ounce (and subsequent collapse), China’s market crash and more.

His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Fox Business, and more. His commentary is regularly featured on ZeroHedge and other online investment outlets.

 

 

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