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The yen is -0.6% vs the dollar after Japanese PM Yoshihiko Noda says he'll dissolve parliament...

The yen is -0.6% vs the dollar after Japanese PM Yoshihiko Noda says he'll dissolve parliament on Friday and hold early elections next month if the opposition agrees to pass a bill that will allow the government to issue debt - and thereby avoid running out of money - and back electoral reform. With Noda's Democratic Party slumping in the polls, it's expected to lose any election.
Comments (1)
  • winningtrader
    , contributor
    Comments (2476) | Send Message
     
    Japan is toast. There economy has 0 chance of recovering. They will print money like there is no tomorrow and destroy the value of the currency.
    14 Nov 2012, 04:12 AM Reply Like
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