The US national debt and money printing are approaching the fiscal cliff. US 強國? 咪講笑.
Just can't believe the Japanese are printing large amounts of money just for buying US treasuries.
No wonder the Japanese yen is depreciating back to the 2007 level of around 120 yen vs $US, The yen was trading around the 76 yen vs $US in November 2012. Some experts are now saying the yen will depreciate back to 150 yen vs $US just to achieve the target of 2% inflation. This will represent a big skrinkage of the Japanese total gdp in $US.
The US stock market is for gamblers like you. And it will crumble again just like the technology bubble in 2000 and the subprime mortgage bubble in 2008.
The fact is that the US has a big debt bubble and will go bankrupt together with Japan.
wahahaha, the US debt bubble is way bigger in absolute size than China.
But China's economy is still growing rapidly, while the US is not. US 強國? 咪講笑.
In addition, Japan's debt to GDP ratio is 229%% and will bankrupt before the US.
Just look at the Japanese yen which has crumbled 30% against the $US and will crumble even more in 2 yrs. The Japan economy is shrinking by 50% in terms of $US.