Recent content by Qikbaq

Short term jitter. Long term there are significant risks for Japan, including any Fed action that pushes interest rates up, or escalations in the Fukushima disaster (like a major evacuation of Tokyo). 124 is a conservatively low figure in those scenarios.

No way they can taper. Any tapering will push up interest rates - no debate about that. Consequences for strategic partners like Japan would be dire. The Fed simply cannot afford the domino effect caused by a major collapse like that. We're in the Weimar Republic x1000.