[Last Dakotan]

Now, Japan is a valuable trading partner...

LOL, Japan just moved to an economic war and has been able to fight it without response.

Note the 30 years of huge trade surpluses Japan racks up while tightly controlling access to its own markets. We are a source of raw materials to Japan, little more.

[capitalist229]

Note the 30 years of huge trade surpluses Japan racks up while tightly controlling access to its own markets.

For the past 15 years the Japanese have been in a deflationary malaise which saw their property values decline by 50%. Their middle class is in ruins. During this time Americans have made billions borrowing Japanese yen at 1/2% interest rates.

Unfortunately we are headed down the same rathole. By the time the Fed is done decimating the dollar, Asians will be borrowing money from us at 1/2%.

BUMP