Earth to Kuroda – You have a problem

Well you can strike this off your list – someone lost control.

Either that or the Bank of Japan has surrendered.

 

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This was not supposed to have happened.

Interesting as to how ugly this will get.

 

Edit…..Just to explain a big negative to what is happening.

The Japanese now have an incentive to sell their foreign investments. This means selling shares. Therefore, stock markets around the world could fall as the Japanese unwind their $6,000bn foreign investments.

This is what happened with the Dow when this last happened.

 

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