Overseas investors borrow in low-interest yen to buy US stoc...
Overseas investors borrow in low-interest yen to buy US stocks. If the yen appreciates, investors will liquidate their positions en masse, causing a crash. It's a typical scenario, isn't it?
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000003078b786907749.jpg)
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