Shock! Just now, the Japanese Cabinet passed the most powerful economic stimulus plan in history at lightning speed—totaling 21.3 trillion yen (approximately 1.03 trillion yuan) in a super supplementary budget! This is not only the first powerful move since the new Prime Minister Shintaro Ishihara took office, but also the largest market rescue effort since the pandemic, directly putting money into the pockets of the people and businesses!
💥 Key highlights at a glance:
• General expenditures surged to 17.7 trillion yen, nearly 4 trillion more than last year's 13.9 trillion!
• With a 27 trillion yen tax reduction package, it truly makes the people's wallets swell.
• The scale of bond issuance is expected to far exceed last year's 6.69 trillion, the government is really 'going all out' this time!
The government's target is extremely tough: finalize the supplementary budget by November 28, force it through Congress by the end of the year, and the speed will leave people astonished!
But the market is completely ungrateful... As soon as the news broke, the yen plummeted to a new 10-month low! The 40-year treasury yield directly hit a historic high! Investors are voting with their feet:
"This is pushing the finances to the cliff!" 📉📉📉
And even more explosive news is coming—
Across the Atlantic, the Federal Reserve in the U.S. is set to officially end its balance sheet reduction in November! Are the two major economies around the world going to 'open the floodgates' at the same time? Is this wave of capital going to turn everything upside down?!
Is Japan's money-splashing this time a lifesaver or merely a stopgap measure?! Will the end of balance sheet reduction in the U.S. ignite the next round of asset bubbles? The most insane scene in the global economy by the end of 2025 has already begun! Are you ready? 🔥🔥🔥
