"The Japanese have a reputation for excessive courtesy. The current actions of the Japanese economic leadership, who are giving the world a free and timely lesson on the dangers of overly accommodative monetary policy, should confirm this stereotype. While their efforts should provide the rest of us with an invaluable benefit (provided we are alert enough to heed the clear warnings), the lesson will cost the Japanese dearly." - an excerpt from the Sock Puppet Kabuki; Nikkei Today Parallels Dot-Com Bust
Related indexes and ETFs: Nikkei 225, Topix Index, iShares Japan ETF (EWJ)
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.