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Ripple Making Moves In Japan While Problems Arise With The Yen...

All eyes are on Japan as the Yen gets downgraded and highlights the more ominous sign of larger collapse on the horizon...

The Daily Ninja 5/1/24

Updates From The Economic Ninja

(4/29/2024)

  • ๐ŸŒ The implications of the Yen collapsing versus the US dollar are significant, as the Yen has been downgraded to a "Banana Republic currency."

  • ๐Ÿ“‰ The Japanese Yen's drastic drop in value makes it resemble a third world Banana Republic currency, despite belonging to the world's third largest economy.

  • ๐Ÿ“‰ The Yen downgrade is the first confirmed BOJ intervention since 2022, a very big deal for the market.

  • ๐ŸŽข The roller coaster move in the Japanese Yen fueled speculation over government intervention to support its currency in holiday thinned trading.

  • ๐Ÿ“ˆ Japan's disclosure of their gold Holdings in the next 6 months and the support of other Asian countries could impact global trade dynamics.

  • ๐ŸŒ Other countries are willing to trade in Japanese Yen and fill the gap left by the US, potentially bolstering the Yen and causing a negative impact on the US Dollar.

(4/30/2024)

  • ๐Ÿ’ฐ The more xrp Ledger gets used, the more valuable it becomes, as companies and governments need to buy xrp in order to move transactions on the ledger.

  • ๐Ÿš€ The speed and efficiency of Ripple's transaction confirmation in just a few seconds is a game changer in the world of money transfers.

  • ๐Ÿ’ฐ Hashkey group's success in developing and implementing blockchain-powered supply chain finance solutions in mainland China is impressive, with over 4,000 registered companies and a total trade amount exceeding 7 billion.

  • ๐Ÿ“ˆ Ripple X senior vice president Marcus infinger believes the future of tokenized markets could exceed 16 trillion in value as traditional Finance players begin to actively use blockchain networks.

  • ๐Ÿš€ Ripple is making big moves globally, despite the SEC lawsuit, and it's pretty exciting to watch them crush it in business around the world.

(4/30/2024)

  • ๐Ÿ’ฐ The great financial crisis shocked Wall Street with mortgage-backed securities imploding, and there's something unexpected coming for them again.

  • ๐Ÿ  The real estate market is facing a potential crash, despite the CEO of America's largest home builder feeling good about the Florida market.

  • ๐Ÿก Home builders are creating urgency and scarcity by putting "sold" signs in homes that are not actually sold, tricking potential buyers into thinking they need to act fast.

  • ๐Ÿ“‰ The practice of inflating home values could have significant implications for the housing market and the economy.

  • ๐Ÿ  The impact of the housing market on massive funds and unemployment in the near future is going to be significant.

  • ๐Ÿ“‰ The elites are selling stocks and getting ready for what's coming, are you prepared?

With all the news and chaos out there keep your head up and keep your eyes open!

-Ninja Out

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