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Financial Friday: The Loan to Japan
FF: The Loan to Japan The US has loaned money to Japan to prevent them from selling our treasuries. We talk about why this was good for the US government, how that may affect the average citizen, and what may happen next. We also discuss banks, the Great Financial Crisis, wars, bailouts, and debt. Everything changed when the U.S. stole Russian assets. Now, every ally has a right to question whether the US will honor its word or turn on them like they did to Russia. Our debt and loss of faith in the dollar will create big problems for us in the future. We talk about what the average person can…
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