Friday, 31 October 2014

JQE....................from Rico

JQE (Japanese Quantitative Easing) aka "Abenomics" gives everyone a holiday 'trick' today by suddenly increasing to 80-trillion Yen.
- Depreciating the Yen (making it worth less) is NO treat, make no mistake.

While the GOJ (Government of Japan) daily tells its subjects that they have things well in hand, and are on exactly the right track, the disconnect between government delusion and the reality faced by the people is tangible.
- Sound familiar?

The only thing going UP is the rate of bankruptcies. You don't have to be able to read Japanese to understand this chart.
- In 2014 YTD alone the bankruptcy rate has increased 140%.


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