Be Very, Very Afraid of the Yen: Albert Edwards

The video discusses key developments in the FX markets, focusing on the ECB's asset purchase strategy, the decline of the yen, and its potential global repercussions. It also covers the Australian dollar's significant drop and Morgan Stanley's forecast for its future value, highlighting the impact of slowing Chinese imports.

What impact might the drop in the Japanese currency have on other countries?

How has the demand for the Australian dollar been affected according to the text?