Greenspan's liquidity bubble gets all the publicity
but it is the YEN BUBBLE that is the real threat to the global economy...
The BoJ has been suppling it's citizens and others from around the world with cheap money to invest GLOBALLY...and this has been going on for years, decades even.
Any attempt to unwind the Yen Bubble now could be the "big one" that the US Fed has been warning about, but never quite discussing in detail.
THE YEN BUBBLE COULD SINK THE DOLLAR...AND A LOT FASTER THAN THE WALL STREET SPINSTERS THINK...
This is especially so now that the UAE port sale flap has spun out of control.
The US, the world's biggest debtor nation, seems to be saying: WHITES ONLY!
At least when it comes to buying "serious assets" inside the US...
