@DarioCpx Always felt that Japan/BOJ would be the 1st for the great financial reset - They were 1st with ZIRP.
They were 1st with QE. They were 1st with YCC. How'd that all work out?
@AJManaseer If these policies are so good, Illinois would be the best state to live in. Everyone would be moving here. The state has been run by the same party forever, and it keeps getting worse.
@DarioCpx I agree that Japan is the weakest link for the great financial reset. They were the first to do ZIRP. They were the first to do QE with no inflationary effects. Now the cat is out of the bag. Next stop 350+ JPY.
@dividendgrowth1 @biancoresearch Japan Percent of world GDP Latest value 6.01% Reference 2020 Source The World Bank
USA Percent of world GDP Latest value
25.11% Reference 2020 SourceThe World Bank
Yen equals their GDP whereas the USD is 2x fwiw
@dividendgrowth1 @biancoresearch How do you propose the US Government reverse it?
The Yen is not a global reserve currency. Their actions do not export to the world.