Re <<huge ... fortunately unaffected>>
We, together, might not be as fortunate to the already happened but plunge-protected-for-now <<wiggle>> in Japan, that would be closer to where I am, and/but the proverbial 'left-field' massive blindside to your neighbourhood
... and if so, then a blindside to all around the planet.
Second order effect, I suppose, in my selfish mode, be that global sovereign yield ramp would have to be met with humongous yield-curve manipulation and more sincere than ever QE, with the third-order effect we are familiar with, dollar down but cannot down, and gold ... up(?)
Yen down, TLT down, Euro wanting down ... down breaking down ... message?
I watch RV every NA weekday over my breakfast, and sometimes I might not agree with whomever interviewed or something that the host says, but I do devote background-listen
zerohedge.com
|
