'Slow motion currency crisis': Investing pros worry the Japanese yen is about to rock markets again - AOL.com
'Slow motion currency crisis': Investing pros worry the Japanese yen is about to rock markets again - AOL.com
Source: AOL.com
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DW NOTE
The yen has spent thirty years as the funding currency for every leveraged bet in global markets. If it unwinds for real, it won't be slow motion — it will be margin calls at 3am and funds scrambling to cover positions that worked for a decade until they didn't.