CHART OF THE DAY

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A country running massive deficits with interest rates down at zero. HMMMMMMM!
3 replies
  1. Mark Hobart
    Mark Hobart says:

    I first came to Japan in May 1975; I have now been here since Sep 1998 (14 years). In 1975, $1 would buy 306 yen. Today, $1 will get you 78 yen. Thank you, federal reserve, for destroying king dollar. And the above chart tells me that anyone who preaches buy and hold is insane. Folks, a financial collaspe is close at hand. Cash is king, I think.

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