Timing The Recession With Mike Shedlock
Lead-Lag Live
00:00
I'm Still on the Melt Upside of Things
I agree with you on Japan in fact I've this been my position actually for five years maybe that a credit event is more likely and far more likely in Japan than the United States. What could cause it here hyperinflation first off is a political event and we are discussing politics here regards to Japan. Brazil Russia, India and China have nothing together other than a desire to escape the dollar so they can't use their dollar reserves. There's no really good way for them to avoid US dollar trade and they're working on it. The Chinese can look ahead and say hmm what us us tries that here right now there's noreally good way foryou know them to avoidUS dollar trade
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