28 December 2012

JAPAN : CBank Finally Reacts To Overvalued Yen After Election And Threat Of Abenomics.

     ANALYSIS/ Long and somewhat detailed

     For those...who have long wondered why Japan's Yen continued to be so overvalued... here is an explanation...and maybe a solution.
    His name is...newly elected conservative PM Shinzo Abe.
    His solution is being called Abenomics...fiscal and monetary stimulus...intended to wake Japan out of its 2 decade long deflation slumber...and 3 recessions.
   Abe is demanding that the Bank of Japan change its tactics of primarily avoiding asset bubbles...and deliver monetary easing...or else.