Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
ChuckKay
2 hours ago
Join the BOJ and Japanese government in making every today better by every day borrowing more from tomorrow than yesterday, and buy Japanese stocks. You too can enjoy the game of infinite can kicking where reckless borrowing approaches three times GDP, and negative interest rates fuel a zombie company filled bubble full to the brim with misallocated capital, overexpansion and overcapacity that will one day flattened the country like a pancake. Structural changes that are seriously needed are not done decade after decade and instead are substituted with money printing, bubble blowing, negative interest rates, and a massive BOJ balance sheet dwarfing all others the world over. The only limit to the money printing is how many trees they can get their hands on, where food inflation rises to the sky, where government endorsed inflation runs rampant and the government adds to the landscape of zombie company profits by adding to its own debt with energy subsidies and a BOJ endorsed bubble in asset prices to the stratosphere. Buy now and prosper.
1
1
