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BOJ's Kuroda offers upbeat view on Japan, global economies


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Phew! Kuroda's never ever offered an upbeat predcition for his own radical policies before, and we know he's always right, so that's a relief! So far he's only 4 years off his inflation prediction again. Not his fault, though.

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“Japan’s economy has shown clear signs of recovery in exports and industrial production,” he said.

Poetic Expression. Numerical data? Not Available Now.

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"Trumponomics" at work here, am I the first to coin the phrase?

The rosiness in Kuroda's outlook has nothing to do with the trillions of yen he and Abe have borrowed, printed, or spent, but improving business sentiment in America, which is in a Trump "bubble", as CNBC terms it. Things will not be so rosy if and when this bubble bursts.

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"......the trillions of yen he and Abe have borrowed."

Who did they "borrow" the money from?

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The printing presses!

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BOJ's Kuroda offers upbeat view on Japan, global economies

When people like this sounds upbeat TRANSLATION run for cover.

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