Yes, they (Japanese) need the cash, as they are going into a real tailspin. I have contacts that live in Asia, and things are not good. Populations are pissed off, want something done, feel they have suffered enough. Of course, blame the west! Big surprise! So, bring the money home.
Wait till China devalues.
BTW, you can find this Japanese selling news all over the WSJ today. (You need proof from me?)
It is fact, set in stone, and they have a lot to sell. Heck, they have been financing our debt ever since the Saudi's stopped....and they stopped because they got big heads and got over indebted, even before oil tanked. Now the Japanese are in trouble. Somewhere, sometime, this rotaion will slam the US markets. There is no question if, just when & how. Could be today, could be 3 years, who knows?
Geopolitical crisis coming |