From the Japan Times today: "It is the mission of our Cabinet to take quick and decisive measures to ease the pain and anxiety of the public," ...
This quote was from the Prime Minister of Japan, Fakuda, i.e. secular bailout "Trend" king of the world.
This should also sound quite familiar to the rhetoric that you hear from a US politician near you. It has not worked for 20 years in Japan, and is not about to start working tomorrow. It's called socialism.
*Full Disclosure: I remain short Japan via the EWJ (etf).
KM
This quote was from the Prime Minister of Japan, Fakuda, i.e. secular bailout "Trend" king of the world.
This should also sound quite familiar to the rhetoric that you hear from a US politician near you. It has not worked for 20 years in Japan, and is not about to start working tomorrow. It's called socialism.
*Full Disclosure: I remain short Japan via the EWJ (etf).
KM
