https://x.com/onechancefreedm/status/1999578948884451694

“The real danger is what happens if the yen stops falling and starts rising in a global downturn.”

…

That’s why Japan’s policy path is fragile. Hiking supports the currency, but tightens into a synchronized slowdown.
That tension is what turns Japan into a transmission hub.

What to watch for and the real breakpoints (see link)