The Yen Goes Kamikaze 2

If You Thought Atomic Sushi, Hello Kitty and Pixelated Porn Were Some of Japan's Most Famous Exports, We Have News For You........Yeah.....You, Fag

1.   WTF Is Going On In Japan....??!!

Putting it bluntly, the Japs have a fetish to trigger inflation.  They seem to think that's the answer to all their problems. But......the Japs aren't spending and household income is falling as business is slowing down and bankruptcies are going up - particularly export related businesses, which are the lifeblood of the Japanese economy.  (Did ya miss the news that Sony slashed its profit forecast by 70%.....and that for the first time in 50 years, it won't declare a dividend....??  That's some serious shit right there).

Have a look at these 3 charts:

   
2.  Just How Strong Is The Yen...??

Damned if we know....but since everybody likes to say that all financial markets are integrated, it would appear that - notwithstanding the actual and intended surge in the stock markets caused by the Bank of Japan's announcement set out in Part 1 -  one also has to look at Foreign Exchange markets, specifically the relationship between the US Dollar and the Yen.

Despite the froth and bubbles in the global stock markets (your retirement plans are in there, fag...) the announcement on Halloween 2014 by the Bank of Japan to create currency out of thin air and buy up virtually every Japanese Bond in existence or to be issued, is effectively debasing the currency and increasing the monetary base (sorta like continuing to pour water into a glass that's already full and overflowing).  Right now, the Yen is weak.  Some would say structurally weak and headed for a further decline against the US Dollar.

COMING UP IN PART 3:  Who's Fucking The Yen.....Or Is The Yen Fucking Itself...??

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