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As the Bank of Japan begins to unwind it's ultra-dovish Yield Curve Control policy, the unwinding of The Yen Carry Trade stands out as one of the biggest risks to the stability of the global financial system. Michael Gayed from @leadlagreport joins us to talk about how changes at the Bank of Japan could trigger a credit event that leads to a short squeeze in the Japanese Yen and a major credit event in the US and around the world. "Few understand this." Follow Lead Lag Report on Youtube: / @leadlagreport Follow Michael Gayed on Twitter: / leadlagreport Support the Channel on Patreon: / nobodyspecialfinance Support the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodysp... Support the Channel with Melon Merch by TeeSpring: https://nobody-special-finance.creato... Join My Discord for More Discussion, Q&A, and News: / discord Affiliate Links: Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpe... Recommended reading (Amazon Affiliate links): Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y Atomic Habits by James Clear: https://amzn.to/423Odoy Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS Follow me on Twitter: / jg_nuke Follow me on Gettr: https://gettr.com/user/nobody_special_ Follow me on Gab: https://gab.com/NobodySpecialFinance Follow me on Reddit: / jg-nuke #YenCarryTrade #BankofJapan #Yen