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Implausible Deniability · 1d
🇰🇷– The initial test flights of the South Korean ADD drone, a copy of Iranian Shahed-136 drone ended in failure, the drones crashed immediately after the launch. The Korean drone project is s...
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Piotr @piotr
"Japan also refrained from selling Treasuries and instead tapped an obscure Federal Reserve tool called the Foreign and International Monetary Authorities Repo Facility (FIMA). This mechanism allowed Japan, which is the world’s largest holder of U.S. debt, to borrow dollars against its Treasury stockpile, obtaining a limited form of liquidity. "
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Implausible Deniability · 1d
Japan is so fucked they need to do both. They are selling treassuries to defend the Yen and requesting swap lines from the US treassury and Fed reserve at the request at Bessent. If they did not have the swap/loan lines, tressuries would be collapsing faster.