Japan is not moving forwards..

I thought that Japanese economy has recovered at least partially but the latest news makes us give the second thought about Japan’s economy. And Japan is no longer the second best economic power. I was overtaken by China long time ago.

“The Bank of Japan, the original money printer’s money rinter, now just blends in with the rest of the central bank crowd. And to make matters worse, it looks like the whole program is not working although that doesn’t stop traders bettting that the BoJwill print more money.

On Monday The Nikkei rose 6 percent in the hops more stimulus is to come but for the second time oer the past 12 months the Japanese economy has gone backwards.