proof positive they have no idea...
http://www.bbc.com/news/business-27615551
in a nut shell
snip' ( from another article )
This means that soon the Bank of Japan will be required to rapidly monetise the JGB stock by printing money to buy them. The government’s cost of funds will remain artificially depressed, but the strain will be taken by both the forex market and, given the difficulty with attracting yen denominated real savings, commercial interest rates in the currency. …
Ja I speak jerman ya .....dat man wiv de funny hair upper lip he seems a nice man ,,,,,
Stephen
http://www.clearonmoney.com/dw/doku....n_japan_s_debt
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