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Yen slips as Japan steps up verbal threats before G-7 meets

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Kuroda said on Friday that the Bank of Japan has ample room for easing, having adopted negative rates earlier this year.

Helicopter money!!!

I think Kuroda seems a nice guy at the personable level, but he is just way out of his league with being BOJ governor.

Shirakawa was right all along and Kuroda if he had any personal dignity, should fall on his sword metaphorically and literally.

The guy has really messed up Japanese government finances so that it can never return to the market control of government debt.

Japan is entering a really scary stage of debt and while JeffLee might be creaming himself, I think this is going to end very badly for the average Japanese and his savings.

3 ( +5 / -2 )

@Gary Raynor

"Japan is entering a really scary stage of debt."

Alright!! Finally, the meltdown is just around the corner. Are you talking days, weeks, months? We'll be watching. I hope this time around we aren't disappointed with another one of your failed predictions. You know, the ones that don't actually come true.

-2 ( +1 / -3 )

@Jeff I think garry is trying to say that the BOJ should just give in and let the yen rise through the stratosphere, after all nothing better for the J economy than all those cheap foreign made imports

1 ( +1 / -0 )

Japan is entering a really scary stage of debt and while JeffLee might be creaming himself, I think this is going to end very badly for the average Japanese and his savings.

I concurr wholeheartedly

0 ( +1 / -1 )

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