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teddy

If the yen is heading south, then the Bank of Japan will have to create a massive amount of money out of thin air and then send out huge fleets of Kamikaze squadrons to deposit the money into the hands of the secret hedge funds. These actions hurt the majority of the people in Japan and the US and help only the elite in this country who hold long term debt instruments and equities and those in Japan who control the manufacturing giants. This will lead to more inflation in Japan if the sterilization process continues to become more difficult. And the Chinese elite are ready to print money to buy up more of our questionable debt and add to worldwide inflation and hurt about half of their people who see no wage increases, the insanity of it all. No wonder Congress has an approval rating of 18% and that of Bush only 23%. How long will the American people put up with flat wages while the price of stuff goes up around 10% thus creating profits for Wall Street?

John

How long will the American people put up with flat wages while the price of stuff goes up around 10% thus creating profits for Wall Street?

Now you understand the purpose of the SECOND Amendment: revolution.

Unfortunately, humans being what they are, it won't actually start until after the economy has collapsed from all these preditory machinations.

CK

Capital is fungible; human capital is also.
As Americans get funged, it is reported that the average life expectancy in Shanghai has just reached 80.97 years. When I was younger, human capital was understood to mean the learning, education, and attainments that the individual has invested in. The foregoing of immediate gratification for larger and longer gratifications a few years down the road. Now human capital just means human beings.

Elaine Meinel Supkis

If things are good, the Chinese live for a very long time even if they smoke. Their culture used to venerate the old and is moving back to that again.


As I age, I see the utility of that. Heh. When I am 90, people better venerate me or else.

Forex Tracer

Thanks for the post mate.

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