Friday, June 21, 2013

Japan Abe long term disaster

Japan has a very serious problem. When we look back, Mr. Abe will have ruined Japan. Huge debt levels, horrible demographics, they won’t let in foreigners, the population is declining. Mr. Abe comes along and says he’ll ruin the currency. It is a disaster in the long term, and not guaranteed to work in the short term, either.

Jim Rogers

Warren Buffett

Nouriel Roubini