Abe now has complete control

  1. 10,399 Posts.
    The yen is heading for the shredder now that Abe has just won the mandate to go all out and belt the yen into nowhere land.

    Now the gloves come off. Money printing, NIRP, direct manipulation of the share markets, purchase of a generous variety of other securities are all now in the sights of the BoJ.

    It shouldn't take very long. Words out, the Nikkei just put on 12%, the yens peeking through 101.

    (sung to Happy Days)

    Those crazy days are here again
    Abe plans to redisintegrate the yen
    His mate Korouda and his board of friends
    Will make China pay for it's sins
 
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