I ain't sure Japanese or any country for that matter would want to start a "real big war" with their currency devalued. That's suicidal.
While that might be true, I think what is most likely to happen is the start of trade embargo. For example, China will simply stop importing Japanese goods rather than cutting their interest rates below zero.
But then who the hell would wanna buy the T-bond from Uncle Sam? The bald eagle has soared so high in debt, her wings are about to fall off.
Sam the Eagle wants to know how come its a she. He's shocked and dismayed at such an assumption. . . .talking to his legal team. . .
She's a bald bitch, didn't ya know?
wealth preservation. No young man trying to accumulate wealth has any business loaning money to the government, but those who have made it have a place for bonds, usually 30 to 50% of their portfolio in bonds. Laugh if you want, but no matter what they say, all those bonds do is make money, not enough for a young man, but enough to diversify losses in stocks for those who just want to hang on to what they've got and keep up with inflation. Rough time to get in now to either stocks or bonds, they are both at all time highs.
