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Japan Has Officially Gone Insane

Submitted by Tyler Durden on 05/23/2013 22:05 -0400

On one hand:

BOJ OFFERS TO BUY 300B YEN DEBT WITH MORE THAN 10YR MATURITY
BOJ OFFERS TO BUY 600B YEN IN 5-10YR GOVT DEBT

and on the other

ABE SAYS BOJ ISN’T DIRECTLY BUYING GOVERNMENT DEBT

We give up: raging schizophrenia and a sado-maso fetish is now a core prerequisite for anyone who wishes to follow the daily lies these central planning sociopaths spew with impunity.

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Thu, 05/23/2013 - 23:14 | 3594695 chindit13

If one was raised in traditional Japanese culture, one would have no problem believing both. Besides if the BoJ is buying JGBs from Nomura et al, technically Abe is correct.

Thu, 05/23/2013 - 23:18 | 3594705 WTFUD

who said the japanese didn't have a sense of humour?

Thu, 05/23/2013 - 23:32 | 3594739 John Law Lives

It looks like an inexperienced driver trying to drive a race car with two much power to control. The wheels start to spin, the car goes out of control, the driver overreacts while turning the steering wheel left and right... and they SMASH right into the wall...

FUBAR.

Thu, 05/23/2013 - 23:30 | 3594741 BigInJapan

Hopefully those of us smart enough to do so can get our money out of here before we get Cyprussed.

Thu, 05/23/2013 - 23:33 | 3594751 Mine Is Bigger

I guess the only news in this article is "officially." Becaue I am sure we have all known it for some time.

Thu, 05/23/2013 - 23:33 | 3594755 WTFUD

when asked recently how he holds it all together Abe replied the secret is to wear a panty liner with your diaper.

Thu, 05/23/2013 - 23:36 | 3594761 bugs_

the vortex is spinning faster

Thu, 05/23/2013 - 23:42 | 3594771 bubblemania

Hey Krugman,

If your out there and reading this.

You ARE accountable for the inevitable collapse of Japan. You and your crony Keynsian 'educrats' are totally discsonected from the 99% and main street reality. You economic paper nonsense experiments is leading the world down the path of destruction. You Social Engineering MF.

You can't admit you were wrong about Latvia, look at Germany, they have a balanced budget, are they going bankrupt?

Wake up from your pompus egomania stuper, there are consequences to your bullshit, people, yes real people are going to suffer because of it.

And please tell your douchbag friend Ben Bernanke to go fuck himself!

Thu, 05/23/2013 - 23:53 | 3594791 The Shootist

Ritter bit of defration coming on now?

Thu, 05/23/2013 - 23:59 | 3594809 The Shootist

How long till Nikkei goes red again? Tick tock.

Fri, 05/24/2013 - 00:19 | 3594840 The Shootist

Done. Put a fork in it.

Fri, 05/24/2013 - 02:33 | 3595091 Element

The Angels - Watch The Red
https://www.youtube.com/watch?v=VGD2w33PWV0

Fri, 05/24/2013 - 00:13 | 3594832 IamtheREALmario

A. when it is serious you have to lie.

B. He is probably just reading whatever contradictory lies are on the teleprompter ... just like the Obumbdumb.

Fri, 05/24/2013 - 05:00 | 3595175 ddsoffice

just like 'Owebama'

Fri, 05/24/2013 - 00:20 | 3594836 Bansters-in-my-...

•ABE SAYS BOJ ISN’T DIRECTLY BUYING GOVERNMENT DEBT

*The bear said that wasn't his bear shit in the woods.

Ps....fuck all you banker scum.

Fri, 05/24/2013 - 00:19 | 3594842 chindit13

Abe: "Wait, I meant ETFs. Buy ETFs! Please buy ETFs or the weekend TalkShows are going to be dissing Abenomics and I'll have to claim stress and step down again!"

Fri, 05/24/2013 - 00:21 | 3594849 Fix It Again Timmy

Wheeeeeeeeeeeeeeeeeeeeeeeeeee......

http://www.youtube.com/watch?v=FVovq9TGBw0

Fri, 05/24/2013 - 00:56 | 3594945 Iam Yue2

Full retard.

Fri, 05/24/2013 - 01:27 | 3595009 HaroldWang

Best tweet in a while from FT just now: "Nikkei recovers as investors pile back in" Classic!!

Fri, 05/24/2013 - 01:56 | 3595050 JamesBond

Fuck you Bernanke - San

Fri, 05/24/2013 - 03:02 | 3595105 TaiwanNo1

Japan Collapse is on going..........

Fri, 05/24/2013 - 03:07 | 3595109 mrjohn

Gimme a T for Texas Kyle

http://www.businessinsider.com/kyle-bass-macro-tourist-2013-5

Fri, 05/24/2013 - 04:53 | 3595171 Disenchanted

Friday morning Headline:

Japanese Stocks Rebound

The Nikkei popped up by over 3% in morning trading, fell by over 3% in the afternoon, but then recovered at the end of the day to close with a 0.9% gain.

LOL!

note: Original CNN headline above edited to:

Japan stocks close up after big plunge

Fri, 05/24/2013 - 05:16 | 3595184 css1971

Wake up and smell the panic.

Fri, 05/24/2013 - 05:26 | 3595187 css1971

I suppose I should point out that the "offer" to buy is not "buying". It's the threat of a ... trillion yen ... how much is that in real money? 10 billion USD?

Can any currency which has to use the word trillion be considered "real money"?

Fri, 05/24/2013 - 06:04 | 3595203 virgilcaine

Bass was spot on and of course can't tell how dire it is on LSM. Lame Stream Media..they can't handle the truth.

Fri, 05/24/2013 - 07:17 | 3595266 ZeroPoint

Why haven't there been any riots in Japan yet?

Fri, 05/24/2013 - 10:31 | 3595790 optionsman

demographics

Fri, 05/24/2013 - 08:29 | 3595327 NipponMarketBlog

It was only a matter of time before this confusion and discord within Japanese officialdom started to emerge. The have unleashed a beast that they will ultimately be unable to control, and the politicians are the only ones who are almost guaranteed not to understand what they are doing.

I am betting that more than one now former Minister of Finance, as well as former BoJ chief Shirakawa, are counting themselves lucky they retired before all of this started unfolding....

http://nipponmarketblog.wordpress.com/2013/05/19/too-much-of-a-good-thing/

Fri, 05/24/2013 - 09:17 | 3595554 youngman

When you are drowning....you don´t call it swimming

Fri, 05/24/2013 - 10:30 | 3595785 optionsman

insanity or is it lost in translation- please help..........

Japan Has Officially Gone Insane

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