Tag Archives: yen

What Is Really Backing the Dollar

Japan can’t seem to catch a break.  In February, they notched their 20th straight monthly trade deficit.  Like America, Japan now imports more than it exports.  In other words, as a country, Japan grows poorer each month. This, alas, was … Continue reading

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Programs to Control the Uncontrollable

Things are melting up – and melting down – the world over.  What’s more, summer’s only just begun.  While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading

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The Best Laid Schemes of Mice and Men

Japan can’t seem to catch a break.  On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier.  Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading

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The Great Money Caper

Several weeks ago we alerted you to the burgeoning currency wars and the new age of desperation.  If you recall, nations, in unison, are attempting to export their way to prosperity by killing their currencies.  Unfortunately, if everyone’s doing it, … Continue reading

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