Arthur Hayes

Bring this money home.

Let's build back Japan.

I think the yen goes below $100.

And you have robots, right?

Yes, Japan does not like immigration, but they've got robots.

And so the robots will be there, the population will fall, but they've made a cultural choice where they don't care.

They're not going to open up this big of immigration to essentially fix that problem with humans.

They'll fix it with robots.

And again, another culturally and ethically homogenous country.

And so they'll band together and they'll survive.

I spent a lot of time in Japan.

I love Japan.

I don't see there's going to be, you know, any real issue.

There'll be a lot of inflation to get there.

But again, culturally and ethically homogenous society that is banding together to do what the government tells them to do for right or for wrong.

And so again, I don't see a problem because as a country, they're very wealthy.

And so as they sell their US and European assets to bring that home, they will rebuild Japan to be, you know, again, a robot first country.

Society, that'll spell trouble for the United States and Europe to now need to fund all that capital leaving.

That just promotes more and more money printing, the same thing that we've been talking about over the last few hours.

Well, I guess I think as we had in August of 2024, whatever it was.