Bank of Japan

[cottonpicken]

If Japan's rates move up less then two percent which they will when they have to externally fund and the swaps move against them 100% of government tax revenues go to debt servicing. And this isn't Greece this is Japan

The medicine we need to take would probably kill us the Greeks where talking about this stuff thousands of years ago. I hope I'm wrong but the laws of physics and nature keep being on my side.

No such thing as a free lunch

[errolanderson]

The global currency war of 'stimulus' called by central bankers is heating up.

Globally, we are at the end of a 80 plus year capitalistic cycle that has been prolonged through artificial central bank intervention. This cycle is about to be refreshed because central banks are now becoming powerless, especially the U.S. Fed and the ECB.

The U.S. continues to pretend their are an island within the global economy despite their gov't debt more than doubling over the past 8 years. The U.S. Fed is about to get a lesson in global economics as the U.S. plunges into a serious recession later this year.

[Hopalong]

Errol,a bit confusing that US central bank did the opposite of stimulus by raising interest rate and hearing that attempts and activities to stimulate economies are what got us into present situation of ineffectiveness.
Where did it all go wrong?

[Hopalong]

Was it the start of Keynesian economics about eighty years ago?

[errolanderson]

Irresponsible government spending and kicking-the-can strategies by central bankers living for the next day is responsible for this mess. Then stir in the fraud on Wall Street.

2016 to 2018 will be an interesting period of economic history . . . .

[perfecho]

Errol, interesting on the 80 year thing...I have mentioned before...The Crash Of 2016, Thom Hartman.
His take, every 80 years the "masses" take back the corp/family money powers that call the shots.
Wished you and Cotton would read and give feedback...or anyone....

[cottonpicken]

Have not heard of that book I'll try to find it.

The word jubilee also sort of has that meaning that your talking about.

It's of Jewish origin meaning long life and also debt forgiveness every seventy or so years.

You can also apply some math rules like the 80/20 where basically wealth over time gets more and more consitrated at the top and then it gets levelled again through uprising lots of history to back that one up.

I'd also recommend David stock and book "the great deformation"

He came out of the regan administration and is more than qualified the book is a little long in the tooth and basically just what a lot of us here babble about.

The sun is setting on the western world.

[errolanderson]

The 'less than zero' club . . . .

http://www.bloomberg.com/news/articles/2016-01-29/central-banks-intensify-negative-campaign-in-hunt-for-inflation

[biglentil]

#Money4NothinandOil4Free

For now the band keeps playing as central banks scramble to repatriate their gold.
#GoldShinesForever

[errolanderson]

a major bank blaming a central bank . . . indeed, the nest is falling apart

http://www.cnbc.com/2016/01/31/jpmorgan-slashes-outlook-for-stocks-citing-feds-diverging-pressures.html