Japan headed for a fiscal catastrophy

Karl Denninger at Market Watch tells us that Japan is planning a fiscal devaluation of about 22% annually beginning in January of next year.

The impact of this policy on the common Japanese citizen is going to be catastrophic and will lead to the collapse of the economy and government. This is not speculation; it is mathematically certain.

Read more here: http://market-ticker.org/akcs-www?post=216430