Found someone post a response video to this. http://www.youtube.com/watch?v=QWmOmt1zJ7Y
Im gonna watch it in a bit see if the guy knows what hes talking about.
Japan will go down BEFORE the US.
I don't think Japan can go down without taking everyone with them.
So it's bail out time. Whether the Fed has to do it or Europe or whatever. Probably the Fed since Europe bank has no actual power.
More Government = Less Freedom
Communism never disappeared it only changed its name to Social Democrat
Emotion and Logic mix like oil and water
Well the USDJPY has exploded as of recent. By the chart, it looks like this is the biggest move in 5 years. Something could be brewing, especially as prime minister abe has effectively taken over the central bank.
Edit: Holy Crap, Look at how cheap the fx options are? You can purchase put options on yen for next to nothing.
Last edited by jclay2; 01-06-2013 at 04:29 AM.
Kyle Bass goes over this in depth.
Japan's demographics are AWEFUL. As stated, they now sell more ADULT diapers then child diapers. That is a fact. A very, very destabilizing fact.
These "savers" are now offloading their saved money because they are into retirement and there are now fewer participants entering 1) the socialized security systems 2) the bond/savings market.
Japan cannot hold a candle to the US from a standpoint of long standing viability. And that is saying something as the US appears to be dying of gangrenous infection. Japan CANNOT save it's current structure. It's not impropable, it's impossible.
The US faces IMPROBABLE odds of returning itself to a strong structure (social and economic).
Japans radical restructuring is imminent and unavoidable.
This is not a doomsday prediction, that's not my MO. Merely pointing out that the gravy train is over. A return to a healthy social and economic environment will take a 20-30 year restructuring with the most difficult years beginning NOW.
"Like an army falling, one by one by one" - Linkin Park