What a load of nonsense, it's just capital being forced to move in response to shifting dynamics in world markets, Japs currency rocketing is having repercussions for funds exposed to the cross currencies. I ain't saying we won't see a recession, it's likely most of the world will(Europe already in recession as it's a cluster mess of socialist wanking), the world isn't ending though pinto, maybe Europe is though with a bit of luck!
