Wednesday, December 26, 2012

Welcome to the Currency War, Part 6: Japan Gets Explicit

I've warned readers of a currency war for years, and recommended Jim Rickards' aptly named best-seller "Currency Wars", before it was even published in 2011.  The race to debase, or the race to the bottom, is now officially on.  I'll let readers connect the dots on the prices of tangible assets when all global paper currencies are devalued.

After a currency war, what comes next is a trade war.  What comes after that is usually military conflict.  There are geopolitical risks in every corner of the globe.

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