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The Bank of Japan poured a record 15 trillion yen.....

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Jason Posted: Mon, Mar 14 2011 10:04 PM

Lets see how we what adding gasoline to the fire does!  Burn, baby burn!!  Is it possible that Japan will default after this tsunami?  Or should I say, this tsunami of credit.?

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Chyd3nius replied on Tue, Mar 15 2011 4:37 AM

Yes, Japan will resurrect(they still have lot of capital) but I don't see any good reason why to make it more difficult than it already is.

-- --- English I not so well sorry I will. I'm not native speaker.
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Kakugo replied on Tue, Mar 15 2011 6:45 AM

The biggest concern right now is the rescue effort. The Red Cross still hasn't launched a fund raising venture because, plainly put, we still don't know how big this was. Whole areas are completely cut off to rescue crews. Nobody knows how bad the situation at the Kawashima nuclear plant is.

Pumping money right away is either a symptom of complete desperation or calculated cold blooded malice. Japanese industrial keiretsu have been asking the BoJ to devalue the yen to make exports more palatable for at least three years. It may be a coincidence but as an Italian politician put it "thinking ill is a sin but it's always the right thing to do".

Together we go unsung... together we go down with our people
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