5/20/2024

Yellen trying to destroy Japan

 Yellen is also trying to destroy Japan. Japan's efforts to prop up the Yen by buying Yen using billions of US$ reserves is making Yellen unhappy and criticizing the Japanese move.

Buying Yen with US$ by Japan is moving more US$ into the USA to stoke up inflation and makes it more difficult for any rate cuts by the FED. Already the talk of rate cuts by the FED had been going on for 18 months, with no way of moving ahead with inflation rising.

With BRICS countries doing more trade outside the US$, the demand for US$ is not moving fast enough for the USA to export its inflation. The USA is printing toilet papers like no tomorrow, and if such toilet papers remain largely in the USA, it is a very big problem for inflation to ease for any rate cuts by the FED.

Does the saying that being an enemy of the USA is dangerous, while being its friend is fatal sound familiar? USA's interest is more important than friends. Friends are just collateral damage, to be sacrificed in times of need.

Anonymous

8 comments:

Anonymous said...

The 2% growth in the USA is touted as strong and being hyped up to high heaven. We know the job figures in the USA are not true, the Wall Street jubilation of reaching new heights is all because of the printing press working overtime. With all the closures of big shopping establishments and shrinking outlets, more jobs are lost than created. Yes, people having to take on two to three jobs to put food on the table does make job creation a rosy affair. It is all just a mirage.

The 5.2% growth in China is touted as full of gloom and doom, and China is facing big problems and is collapsing. It is so bad that there was even one pro-USA shrill shouting that the Canton Fair of 2024, the world's biggest trade fair held in China, sold 'not a single thing'. Really not a single thing? This was what one social media site shamefully gloated and have the audacity to show its face. Unbelievable but true! How could such a site intend to garner credibility promoting such lies?

China is now investigating dumping by plastic manufacturers of the West and Japan. This will not be the only one sector China is retaliating against and will not be the last. China is not afraid of decoupling today and will retaliate against what the USA and the West is doing to Chinese companies. And the most audacious response by the USA is again telling China not to retaliate against the tariffs on Chinese EVs. When Trump started the tariff war, he also warned China not to retaliate. But China did.

China, diplomatically courteous it may be, is not Japan or Germany, by being slam dunked by the USA and afraid to do anything. Now Japan is literally asking the USA for permission to prop up its faltering Yen. Yellen is warning Japan discreetly not to overdo it, perhaps fearing that Japan may have to dump more Treasuries for US$ to prop up the Yen, which is not good for the USA. We know that in the past, Japan had sold off Treasuries to prop up its currency on many occasions. This time it is another similar crucial move if Japan is to save the Yen. What one side stands to gain will have to be at the cost of the other side's misfortune.

Anonymous said...

On a separate note, the assassination attempt on the Slovakian PM, Robert Fico, was touted as a 'Lone Wolf' incident, immediately after it happened and before investigations even started. Had the assassination been successful, and Robert Fico died as a result, it will indeed just stand out as a 'Lone Wolf' narrative. Case closed and buried.

Robert Fico's survival is going to put a whole new perspective on his assassination attempt, and they are now telling us that there are more things to surface to discount the 'Lone Wolf' theory. So, who is behind that assassination attempt? And if it was a criminal plot behind the attempt, a professional job will not see Robert Fico surviving at all. This is perhaps just a warning, a serious warning by some party. Robert Fico had strong views regarding sending further aid to Ukraine and against further sanctions on Russia. He knew he would be targeted himself, just like Duterte. And Robert Fico was right in his perception.

Any attempt to go against Al Capone will always be met with violent deaths or accidents. That is the warning that Al Capone sends out to his detractors each and every time.

Virgo49 said...

Never ever trust and believe the UAssA's data's and statistics.

Their logo- "We lied, we cheat we stole and all the evil deeds. "

Virgo49 said...

Any country wanted to be leashed by the UAssA is A Gone Case of their Vassal and Slave.

Have to obey their Damn Rules Based Orders.

Once been leashed as their Doggie have to bark when they demand and jump when asked to do so.

Cannot go after their interests and orders.

Anonymous said...

Watch out for those that open mouth closed mouth talk about Rules Based Order. You know who they are.

Anonymous said...

The western educated elites would be very angry.

Virgo49 said...

https://youtu.be/7KFSFQidUiQ?si=Jl1uOd6DRyWQUGFW

Wow this by Christopher Wolf Tokong.

Slammed the Imbeciles Americunts.

Anonymous said...

The Africans are also saying to watch out for those that opened mouth closed mouth only wants to talk about countering and containing China. You know who they are?

The Africans are getting sick and tired of those goldfish.