https://www.youtube.com/watch?v=3YzatlBl0aQ
Explosions and implosions have become an everyday occurrence of late in Asia.
Midway through the month the explosion of carry trades stemming from China’s devaluation of the yuan resulted in an untold number of “casualties” (figuratively speaking). Two days later, a tragic explosion at the Chinese port of Tianjin took the lives of 121 people and injured over 700 more. Next, Sakurajima threatened to erupt in Japan triggering fears of a nuclear meltdown at Sendai. Then, the Malaysian ringgit imploded along with trade in Indonesia and finally, on Saturday, a second chemical explosion rocked China killing one worker at a plant in Shandong.
On Sunday we got another fiery blast from the East, this time emanating from a US Military Base near Sagamihara, Japan.
