#coinbase is shutting down its #services in #japan https://news.bitcoin.com/coinbase-shutti.. Some have speculated it's because of #japanese #regulation , but I suspect it is to do with #japanese #government #bonds . #coinbase could be dragged under by the #japanese #government and all the #execs get #jailed anyway.
Looks like #japan might be about to bring this whole #houseofcards down by losing control of their #government issued #bonds https://www.zerohedge.com/markets/jim-gr.. If they do they will experience complete and utter economic collapse, and likely trigger a *real* #global #recession .
#italian 10-year #bond #yields at an insane high, whilst #german #bonds are at a low, despite #germany having a far better #economy than #italy https://www.zerohedge.com/markets/theres.. The #ecb are the *only* people #buying #italian #bonds , indicating very serious #rot in the #eu ! Things are pretty bad... #eurozone collapse could happen soon.
So it appears that #china 's #ccp will #issue #local #government #bonds to #stimulate their #slowing #economy https://www.zerohedge.com/markets/china-.. The problem here is that the #local #government is in massive #debt , and what #assets they have are over #inflated ones in the #property #market . Needless to say, things are about to get bad.
Will be interesting if nobody wants to #buy the #eu #bonds they are #issuing to #fund their #military #expansion https://www.zerohedge.com/markets/who-go.. There are not too many people very flush at the minute.
#eu about to #issue shit tonnes of more #magical #bonds to #fund #energy and #security https://www.zerohedge.com/energy/europea.. Essentially this is the EU's way of #printing #money . #euro is going to #crash hard.
Interesting, #china 's #ccp have a very high risk #strategy to prop up their #economy https://www.zerohedge.com/markets/chinas.. It appears that it could cause massive issues with #bonds though.
Hmm, it looks like #china 's #junk #bonds might be about to hit rock bottom, especially after multiple #property #market #defaults and #contagion sets it: https://www.zerohedge.com/markets/china-.. Apparently #chinese #properties are down 32% in #value - making up some third of China's #economy ... Not looking good at all.
Oh dear, new #chinese #property #market #bonds are #crashing - this time #fantasia and #modernland https://www.zerohedge.com/markets/its-di.. As #zerohedge points out, it looks like #contagion ... At this point I don't think #bejing can even #bailout these #debt ridden #companies ... They are really stuck between a rock and a hard place.