Later

Currently Playing: Nobody Wants To Admit Why America Just Bailed Out Japan

With U.S. 30-year borrowing costs hitting their highest level since 2007, the Treasury just asked the Federal Reserve to expand an emergency credit line days after buying yen. Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://oxylabs.io/casualfinance for a free trial of Oxylabs. Up to 2,000 web scraping results for free. No credit card is required! Use my code CASUALFINANCE for 20% off ALL Oxylabs plans. The rate America pays to borrow for 30-years is at its highest level in 19-years, while the country that lends America more money than anyone else has already shown it will sell. If the largest holder of American debt has to sell it to survive, what happens to the price of everything else in that market? In this video, I'll break down: • What actually happens when the country that lends America the most money decides it needs to start selling • Why a currency collapsing on the other side of the world ends up in the rate America pays to borrow • Why Japan cannot just raise interest rates to fix their economy • What the largest rescue attempt in a country's history actually bought • The emergency system the United States is publicly asking to make bigger, for something that has not happened yet 👉 One video not enough? I post everyday here: https://www.instagram.com/casuallyfinance/ All illustrations, visuals, and animations in this video are original and hand-drawn by a freelance artist. Disclaimer: The information provided in this video and on this channel (collectively, the “Content”) is for informational, educational, and entertainment purposes only and does not constitute investment, financial, legal, or tax advice, nor a recommendation to buy, sell, or hold any security or investment strategy. Investing involves risk and you must do your own research. Nothing in the Content should be interpreted as creating a fiduciary relationship, financial advisory relationship, or client relationship of any kind. The host, the channel, and all affiliated entities expressly disclaim any and all liability for any direct or consequential loss or damage arising directly or indirectly from the use of, reliance upon, or interpretation of the Content. By viewing or interacting with the Content, you acknowledge and agree to these terms and release the host and all related parties from any and all claims related to your reliance on the information provided.