Hello fellow rebel capitalists hope you're well so I wanted to go over the top three

economic warnings that nobody is talking about I don't hear this on cambMB. I don't even hear this on Zero Hedge. And quite

frankly we haven't even really discussed it to a great extent on this channel. And let's just dive right into it.

I'm going to do a quick screen share.

And I want to start by going over to my good buddy's YouTube channel.

This is Adam Taggart.

He runs a podcast called Wealthian. I cannot suggest it enough.

And he just interviewed one of my favorites. The gal's name is Stephanie Palm Boy.

She's actually one of the few people that I've not had on this channel that I would really like to.

So hopefully in the future we'll get her on the Rebel Capital Show.

I'm sure at some point in time we'll have the opportunity to talk to her, but she is absolutely amazing.

And she brought up a couple points on this podcast that again, I don't think anybody is talking about I think these are huge huge economic

indicators and quite frankly warning signs so let's get right over to this interview and I'm going to play a couple clips for you.

Make sure we got the volume up. There we go.

To the Bank of Japan, you know, it's no secret that Japan has been the marginal source of financing for global carry trades,

not just for the last several months or years, but for more than a decade at this point.

So we have built up this kind of institutional culture around being able to always access

cheap financing in Yen and then take that free money essentially and speculate in anything you want all over the world

whether it's you know Indonesian real estate or junk bonds here in the US or you know

invidia or whatever your your flavor of the month is and what the

Bank of Japan is doing right now is creating so much at a minimum creating so much

uncertainty around the ability to continue to source that cheap financing that I think that's going to have a major impact on global liquidity that the markets aren't really acknowledging just yet.

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