On May 24, a financial analyst and former head trader at the Royal
Bank of Scotland spoke on the Hagmann and Hagmann Report regarding the
current state of the global economy. Known in the public sphere under the pseudonym of 'V',
and labeling himself the Guerrilla Economist, this high level insider
stated that the Japanese have completely lost control over their bond
market, and the threat for a collapse of the Nikkei equities market is
very likely.
V: I basically just got this hot off the press, and hot
from the board rooms over here. The Japanese, and this is official...
I'm going out on a limb saying this, and you can take it for all it's
worth... the Japanese have lost control of their bond market.
Doug Hagmann: V, for financial neophytes like me, what does that mean?
V: What that simply means is... see the stock market has been rising in Japan,
as well as over here because of bond prices. Were in a very unique
environment where, if the bond market goes bust, you're going to see the
Nikkei go bust with it, as well as real estate. (more)
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