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I guess they were engaged in a form of carry trade and are trying to unwind their trade now, so to speak.
by hkmurakami 7y ago
I guess they were engaged in a form of carry trade and are trying to unwind their trade now, so to speak.
- JumpCrisscross 7y ago> they were engaged in a form of carry trade They bought a productive asset with credit and found it was less productive than it cost. This is simply capital expenditure. Not a carry trade.