Thursday May 24, 2012

Japan's current account surplus down 62.4%

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The surplus for October stood at 562.4 billion yen ($7.2 billion) AFP

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  • 0

    Serrano

    "the nation slipped into a trade deficit"

    Welcome to the club.

  • 0

    kurisupisu

    Soon Japan will have to resort to QE to lower the yen-time to buy gold!

  • -1

    Reckless

    Actually not time to buy gold, rather buy NATTO. According to a survey of the price of NATTO as a valuable commodity over 200 years, Harvard researchers discovered that NATTO is COMPLETELY IMMUNE to inflation. Said another way, if you bought a box of NATTO 200 years ago for 100 yen, it would still be worth the inflation adjusted value that you paid. This robust store of wealth exceeds silver, gold, platinum, land, housing, bonds, stocks and of course, worthless fiat money. Buy NATTO, you WON'T REGRET IT.

  • -1

    MaboDofuIsSpicy

    I love Natto. Your thoughts make sense.

  • 0

    Nessie

    Soon Japan will have to resort to QE to lower the yen-time to buy gold

    Might even have to do it twice. Then we can have the QEII.

  • -1

    JeffLee

    Japan is still running a big overall surplus.

  • 0

    YuriOtani

    The trade surpluses are killing the economy, so this is a good thing. Reckless, NATTO? Rings the alarm bell and then starts to run in circles!

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