“A financial strategy involving borrowing yen at low rates to invest elsewhere, described by Beck as immoral and dangerous.”

“the yen carry trade which you and I have talked about before”

“I had to explain like the end carry trade.”

“the unwinding of the carry trade. So that's when we sort of have uh institutions, investors borrowing in the low interest yen”

“Seemingly unwinding, 20 trillion dollar in global exposure”