An article on Bloomberg: Ex-Soros Adviser Says BOJ’s Bet on Massive Easing Will Backfire
Takeshi Fujimaki, former adviser to billionaire investor George Soros.:
- BOJ’s QE will not turn Jpan’s around and is “sending the nation toward default”
“Japan’s finance is sinking into the ocean,” Fujimaki said. “There’s no escape from a market crash in the future when you have such enormous debt.”
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Yen bears will be happy with this.
