In this segment from Motley Fool Answers, the cast talks about a few “that will never happen” moments in the world of economics and finance that — surprise! — actually happened. This time, the team has an opportunity to look at arguably the most famous widow-maker trade, a bet on rising interest rates for Japanese government bonds.
Tune in to find out how Japan has managed to stay afloat and reduce its debt from record-setting levels.
A transcript follows the video.