Prepare for a Japanese Banking Meltdown?

Published on
July 25th, 2019
Duration
50 minutes


Prepare for a Japanese Banking Meltdown?

The Interview ·
Featuring Shannon McConaghy

Published on: July 25th, 2019 • Duration: 50 minutes

Shannon McConaghy of Horseman Capital paints a dour picture of the Japanese banking system. He reveals the accounting tricks that have allowed these banks to survive in a predominantly negative-interest-rate world, and discusses why credit costs are finally rising. Shannon warns of a potential meltdown that could have far-reaching ramifications, in this conversation with Real Vision's Roger Hirst. Filmed on July 11, 2019 in London.

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