D-day 2
Furthermore, the global economy has become remarkably resilient. Despite the highest interest rates in 20 years, unemployment remains near record lows. Consumer balance sheets, while strained, are not broken.
Scheduled for November 1, 1945, Operation Olympic aimed to seize the southern third of the island of Kyushu. This would provide airfields and staging grounds for the second phase. The comparison to Normandy is apt: just as the Allies needed a foothold in France to launch the drive into Germany, they needed Kyushu to launch the drive into Tokyo. The landing force for Olympic alone involved nearly 800,000 troops, supported by a naval armada of over 3,000 ships—a fleet that would have dwarfed the Normandy flotilla. d-day 2
While the original D-Day was a planned invasion, D-Day 2 is viewed as an inevitable collision of three unstoppable forces: spiraling sovereign debt, the collapse of commercial real estate, and the rise of a post-dollar digital economy. Here is the long read on why the second Tuesday of June 2024 (and the months following) has become the most anticipated—and feared—date on the financial calendar. Scheduled for November 1, 1945, Operation Olympic aimed
As one hedge fund manager recently told Bloomberg : "D-Day 1 was about storming the beach to save democracy. D-Day 2 is about the day the bond market finally storms the Treasury." The landing force for Olympic alone involved nearly