The “death of the dollar” will have to be rescheduled.
The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.
“Worse than the one following the Global Financial Crisis.”
But the Fed is steadfastly blind to bubbles & their consequences.
Erode that confidence, and you have a crisis on your hands.
The two biggest buyers of Japan Inc. are flying blind and don’t care.
“It will not harm the pension beneficiaries”: official
Building up a big pile of dry powder.
Record moneys suddenly pile into the material that debt crises are made of.
Benefiting hedge funds and banks that had front-run the fund.