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Leveraged yen carry trades are highly dangerous because they create systemic risks that can force sudden asset liquidations across the market.
“I think these things look genius and they work until one moment in time where they stop working and it stops working so severely that it becomes almost impossible to unwind yourself.”
The All-In Podcast · Aug 2024 · 1 episode · 449K views on this topicExtracted by a model; may misattribute who said what.