The NIKKEI Is down 1.56% already.
This comes on the heels of a terrible day in US momentum stocks Friday. Also Abenomics begins it’s tax-hike phase tomorrow when Japan’s national sales jumps 60%, to 8 percent from 5 percent.
Zerohedge plots Japan’s despair
Read more →When Barack Obama became president in January 2009, he began a campaign to weaken America. I’m not talking about military cuts; I’m speaking of America’s stature. Barack Obama famously refused to acknowledge American Exceptionalism in 2009. He bowed to kings and princes, then denied doing so, then bowed again and again. His White House has driven down the dollar. Timothy Geithner, Obama’s Secretary of the Treasury, warns that the world economy must “rebalance” with less reliance on America.
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