Jake Claver

I have a full theory.

dot com slash DSH on the reverse carry trade unwinding and how that kind of culminates to XRP's price appreciation which I call the domino theory got it so 26 to 1 the market can't sustain that so eventually it's going to

There's going to be a correction.

I think we're going to see somewhere between 30 and 50% down in the stock market this year.

Yeah.

When the reverse carry trade unwinds, are you familiar with?

No, could you explain that?

Yeah, absolutely.

So Japan has held their interest rates at zero and sometimes negative for an extended period of time.

Their really low interest rates have happened over the last 25 years.

And so because of that, anybody that could borrow from the Bank of Japan

has.

Pension funds, hedge funds.

Warren Buffett and Berkshire Hathaway have done it.

So that's the deal.

China's really good about this.

If you borrow yen, you have to put it to work in their economy.

And that's why you've also seen ghost cities in China because 90% of that has to be back in their economy.

And it can't leave their society.

So Japan didn't put those parameters in place.