10/31/14

"BOJ Stands Ready to Buy Every New Bond Abe’s Government Issues" = Ponzi Scheme

"...The BOJ said it plans to buy 8 trillion to 12 trillion yen ($108 billion) of Japanese government bonds per month under stepped-up stimulus it announced today.

Buying $108 billion per month of securities
via fiat electronic money printing.

The central bank is already the largest single holder of Japan’s bonds, and the scale of its buying could fuel concerns it is underwriting deficits of a nation with the heaviest debt burden. The BOJ could end up owning half of the JGB market by as early as in 2018...

The Federal Reserve owns about 35% 
of outstanding US Treasuries.

...“The BOJ is basically declaring that Japan will need to fix its long-term problems by 2018, or risk becoming a failed nation.”

The BOJ has declared it is a failed nation.

...the BOJ will keep expanding stimulus, weakening the yen and eventually causing inflation.

To make the current leaders stay in power a little longer
until they can pass the turd on to whomever comes next.

That is scary for bond dealers.”

Kuroda said earlier this month that while the BOJ holds only about 20 percent of Japan’s outstanding government bonds, the Bank of England holds approximately 40 percent of U.K. government debt."

http://www.bloomberg.com/news/2014-10-31/boj-stands-ready-to-buy-every-new-bond-abe-s-government-issues.html
.
.
Fake, artificially high financial markets, top right of the chart; Fed Speak = Orwellianland

http://hartzman.blogspot.com/2014/10/fake-artificially-high-financial.html

"How much do central banks need to inject to keep the stock market from crashing?

http://hartzman.blogspot.com/2014/10/how-much-do-central-banks-need-to.html
.
.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10-overflow/20141031_SPX.jpg

No comments: