Japan To Buy ESM Bonds Using FX Reserves To Help Weaken Yen (Bloomberg)

So Japan will ‘stabilize’ itself by monetizing European debt. Now that makes perfect sense … … if one belongs to those Keynesian lunatics. You can’t make this stuff up! Related info: - Japan: Presenting Shinzo Abe’s ‘Super-Secret’ Devaluation Plan – Double-Down - Japanese Ministry of Finance To Japanese Bondholders: YOU’RE SCREWED!!! - Bank Of Japan [...] continue reading the breaking news