timber, I don't read it myself and why would the currency slip quickly by 40%.
Not worth typing about really.
Anyway as in the past the BoJ would support the currency. Japan's problems are more of the creeping kind.
I read recently about Japanese elderly preferring prison life to life in poverty. Special jails for 70+ers. They make up something like 25% of the inmates!!
You see, you can't have face if your poor.
The aging population will continue to be an increasing drag on the Japanese economy.
China's entering that phase of demographic migration as well.
