Threat of crisis emanating from Japan could cost $3 trillion

The new head of the Bank of Japan, Kazuo Ueda, is likely to reverse the course taken by his predecessor, Haruhiko Kuroda, who made a big contribution to the world market, bringing down the flow of Japanese money in the amount of $ 3.4 trillion. This will cause unrest in the markets, as the world economy is already preparing for the end of the decade with low interest rates. Now that Kuroda is stepping down, investors fear that Ueda will put an end to the easy money experiment as interest rates rise elsewhere, threatening global financial stability. All of this could lead to increased fluctuations in global bond markets, exacerbated by the US Federal Reserve's campaign to combat inflation and fears of a new credit crisis.