Hello Haim, I adore the Japanese ... world war II never happened, Yen manipulation is not, roads to nowhere, bridges to noplaceinparticular, whining about deflation when a melon can cost USD 1,300, complaining about depression when the Patek watches sell like Seiko time pieces, building up a traded surplus with the world, including China, and then moan about Chinese RMB manipulation, all for the sake of selling one more Lexus to Maurice.
The Japanese government policies are not making its citizenry's situation better, as the latest report indicate that most famous pile of savings are being dispersed, dissipated, evaporated, or otherwise redistributed.
As I had mentioned before, right makes right, and the day of financial reckoning will always be.
Japan is a defacto one party ruled state. Time for its electorates to do house cleaning, before it is all to late.
In the meantime, I am maintaining my long Yens, waiting for parity (100:1) with the USD.
Chugs, Jay |