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JPY Slides After IMF Warns Debt Is "Unsustainable"
It appears The IMF is willing to shake the boat of status quo, everything-is-awesome, once again. After proclaiming Greece is screwed and needs a haircut no matter what, the bank to save the world has unleashed a new report on Japan...
- *IMF SAYS JAPAN NEEDS DEEPER CUTS TO CURB ‘UNSUSTAINABLE’ DEBT
- *IMF: YEN MODERATELY WEAKER THAN IS CONSISTENT WITH FUNDAMENTALS
- *JAPAN DEBT RISKS SURGE TO TRIPLE GDP WITHOUT CHANGE, IMF SAYS
We assume Abe and Kuroda will disagree strongly, argue that they just need a little more devaluation and everything will be perfect. The slide in JPY suggests some more capital leaving their shores.
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IMF has a plan. I don't know what kind of order out of chaos to expect. I do know we are not part of that plan.
It's clear they have a plan and does include us. We're the cannon fodder.
That is true Doc. I should of said the end of the plan. They will keep a few of us around who are controllable and can tend to their lavish lifestyles.
About 500,000,000 will do.
IMF is a cog in the NWO machine. They aren't all of a sudden being good regulators. They have a plan, and it's probably f'n evil.
"No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation." , yes its pretty fuckin evil.
"If you want a vision of the future, imagine a boot stamping on a human face, forever"
-1984 (Orwell genuinely believed a 1984 style system would emerge if we did nothing to stop it)
The Jewish leadership seems to want to take the Kahal system global, read The Protocols and Agenda 21 if you want a more detailed view of what is coming.
Where are they possibly going to find 500 million dollars?
their plan is to remain in power by looking credible
Long yen when the obvious trade is short?
"CONSISTENT WITH FUNDAMENTALS"
HAHAHAHAHAHAHAH..... Ever laugh and vomit at the same time?
Burrshrit! They have to spend moar to keep from going bankrupt. Just axe Jo Biden:
https://youtu.be/LHFEcyUNBjg
The IMF must have updated from Lotus Notes to Excel. And then they've been on the phone with Microsoft call center support for the past decade to figure out what #Ref! means.
The first two statements are completely incompatible with eachother.
This is Ministry of Truth shit from '1984'. Holding two incompatible beliefs simultaneously and believing both equally.
"JAPAN DEBT RISKS SURGE TO TRIPLE GDP WITHOUT CHANGE, IMF SAYS"
I think most of us will live to see the day that Debt/GDP ratios of 500-800% are suddently accepted as "sustainable" and entirely normal. Anything over 1000% will be the new "danger zone". Then somebody will breach 1000% and everything will need to be ratcheted up again.
It's all "money", after all.
When all the major central banks of the world are acting in unison that concept is not that unrealistic. If any of the central banks step out of line and start working for their own self-interests then it's total chaos. But, that's what nail guns are for, right?
do you mean...the US fleet of 10 carrier-class nail guns?
Why not? If I woke up today with unlimited spending power, I would spend my ass off. When it's only 1's & 0's who gives a runny shit about debt levels. And don't come back with some bullshit about inflation and fundamentals. That is all over now in the digital age with full worldwide banker collusion.
Gotta feel sorry for the Japanese who have been totally screw over. Well soon with all the Fuki radiaiton, many there may have bigger worries then money. It's sad.
and you have it better?
... "IMF SAYS JAPAN NEEDS DEEPER CUTS ..."
... read: ... Japan needs "Seppuku" ...
And this is the model the U.S. is following...how nice...
"IMF Warns Debt Is "Unsustainable"
So when will the IMF forward this revelation to the USSA?
Anwser....Never!
So print on Japs it's all good. We got your back
It's all bullshit anyway.
Please, the U.S. is the IMF...
Those in powerand control never give it up voluntarily...
it appears china is running the IMF
having all that debt doesn't seem to bother japan or usa...
Time for a Godzilla appearance............
Oh the irony/hypocrisy...
considering that debt is the only thing the IMF has to offer.
tick tock motherfuckers...
Yeah no shit. It's like Jack Daniels telling you that you're drinking too much!
With three melted radioactive cores spewing plutonium all over the place [China syndrome x 3] , it won't be too long before life is unsustainable in Fukyo rendering the debt issue a moot point.
Kuroda and Abe probably called LaGarde last night and said they would give her a blow job if she jawboned the yen this morning.
BTW>I picked the wrong week to stop huffing spray paint. These fucking jobs numbers are taken by 'Special Olympian' bean counters.
The fact that Japan has gone on for as long as it has is a joke. All the bullshit about the Japanese owning most of their debt just means they (if its true) own a lot of shitty paper. Say what you want about the US, about unfunded liabilities, about deficits we have a long way to go before we are Japan. We also have a lot of government assets in the form of land. Not saying its right, just don't be surprised when Yosemite national park because the Rothschild's private playground.
they are clearly off-script and heading off the reservation. Standby for Lagarde to assault a bellboy.
They should know that the debt does not matter. You put the debt in a bad bank. Then you eliminate the bad bank. No more debt. And you don't do it until the debt gets very very large. You use a derivative function such that as X (interest) approaches zero the ability to service Y (debt) approaches infinity.
Krugman is that you?
Is the IMF implementing it's plan to crash the governments of the world in order to create the one world corporate fascist government with one currency?
Only time will tell.
Wonder if FT will do a segment on this astounding revelation! I won't hold my bated breath.
Who asked the fucking IMF anyway?