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As another example of “has the world gone mad?” – we present the following words of wisdom from BoJ Governor Kuroda-san:
And in the interests of sanity, we highly suggest he not look at the chart below…
And while on the topic of utter insanity, ask yourself – as you read his statements of perplexing blind ignorance – just what happens to BoJ capital when his $95 billion equity portfolio suffers a 2%, 10%, 50% sell-off?