Paris Hilton, Gnomes And The Yen Carry Trade
The yen carry trade roars back into action! The Nikkei shoots upwards! The dollar shoots upwards! The yen is dying, big time and Japan's export giants are whooping it up! But in Japan, inflation is shooting to the skies as far as workers buying nearly anything. The cheap oil/cheap yen/cheap Bank of Japan lending model is revving its engines and preparing to take off like a rocket while the US industry takes one last gasp and dies. Thank you, Free Trade Maniacs. Also, we look that the Bimbo issue in our misguided and now, utterly stupid election.
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