Buckle Up! “Japan Declares World (Currency) War III”

Posted by Ian Wyatt: Wyatt Investment Research

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imagesThe third-largest global economy is taking reckless steps to jump-start its languishing economy. Specifically, Japanese Prime Minister Shinzo Abe is taking unprecedented monetary action in an effort to reduce the value of the yen. The near-term effects may be positive for the weak Japanese economy. But the global econo