April 28: A Date More Dangerous Than the Federal Reserve

Many people watch the Fed every day, thinking that global liquidity depends entirely on Powell's words.

But you might be overlooking a more dangerous variable: the Bank of Japan.

Why?
Because Japan is one of the global capital "faucets."

How do you understand this? Many large funds operate like this:
Borrow yen (interest rate nearly zero) → Convert to US dollars → Invest in high-yield markets like US stocks and Bitcoin.

This is called "carry trade"—basically getting something for nothing. Borrow money interest-free and use it to earn high returns.

But what if Japan raises rates?
Borrowing costs increase, arbitrage spreads shrink, and these funds have to close positions, repay loans, and flee. Liquidity gets rapidly withdrawn, and global markets shake along with it.

This isn't fearmongering—history has given three warnings:

· March 19, 2024: Japan raises rates → US stock and crypto bull market grinds to a halt
· July 31, 2024: Japan raises rates again → Bitcoin drops from 62,000 to 49,000
· December 2025: Japan raises rates again → Bitcoin falls from 116,000 to 80,000

Three rate hikes, three major crashes, every single time it played out.
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