GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

John Mauldin - Japan Has Fired The First Shots In A Currency War

June 09, 2013 | About:

Canadian Value

109 followers


John Mauldin thinks Japan has fired the first shots in a currency war that is going to have ramifications for economies across the globe.

Mauldin thinks that the real currency war is going to start when the Yen gets to 115 or 120 per US dollar and Japan shows no intention of slowing it down.

Mauldin further says that Japan is in a crisis, the country is running up against the limit of the amount of money it can borrow. Japan's only real option to get out of its debt crisis is to devalue its currency.

The Yen weakening is not going to be a short term phenomenon.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (6 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide