Daily interesting news
⚠️ if you're thinking that the money in our pockets depends only on the economy in Thailand. This may lead you to rethink it. Because right now, a brother like Japan is holding a big card that affects the interest of our house and savings. Everyone is unaware.
In a simple way, what happened:
What happened?
Japan is now America's largest creditor, holding a lot of U.S. government bonds. That much of it helps keep the global financial market still, but at the same time it's like a time bomb, because when Japan decides to sell or reduce its holdings, the market is definitely turbulent.
What does that mean?
Simply translated, Japan is like a reserve for America. When Japan puts a lot of money down there, it helps the American side to spend or stimulate the economy. But after this time, the yen is so weak that people start to worry that Japan may have to pull these money home to support its own currency. If it does, American interest will jump immediately.
What about us?
Honestly, this is closer than you think, because if the interest in America hits, the interest around the world will follow, including Thailand. Anyone who installments a house, installments a car, or does a business that needs to borrow money, prepares to experience an increase in interest, and the stock market will fluctuate until the money in our portfolio is shaken.
Personal opinion and experience
Honestly, the other day I just talked to a friend who played stocks together. It said why the market is strange lately. So I said, look at the Japanese side. We often look at Japan to only look at America or China, but in fact, Japan is the real "game guard" hidden. I also experienced a period of heavy yen swings to hit the price of imports. I can say that around this time, if Japan moves hard, we will all hurt each other.
Epilogue 🍃
Personally, I think this situation is like standing on a yarn, because Japan itself wouldn't want to smash its rice pot with a quick sell-off, but the pressure on the currency forced him not to have much choice. In the end, we could only keep an eye on and prepare a backup plan.

























































































