Brad Gerstner · BG2 Pod · 9 August 2024
“there are estimates that up to $20,000,000,000,000 of yen was borrowed, and then you invest that in rate yielding assets around the world and you pocket the spread.”
Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Brad Gerstner is on record saying.