Latest Japan watch: more like Cyprus – bail-ins for Japan banks

Keep watch as Japan is the trigger to economic problems world wide.

http://www.trunews.com/scientists-prove-you-really-can-tell-what-your-dog-is-feeling-by-looking-at-its-face/

Japan to become more like Cyprus – bail-ins for Japan banks
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Buildings are reflected on a Bank of Japan board in Tokyo

The Financial Services Agency will take a new approach to dealing with troubled financial institutions, forcing losses on investors if necessary to reduce the taxpayer burden. Japan To Adopt ‘Bail-Ins’ For Failed Banks (Nikkei, gated) Non-gated info here: Japan to adopt ‘bail-ins,’ force bank losses on investors if needed, Nikkei says Japan’s Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a “bail-in,”

Read full article:

http://www.zerohedge.com/news/2013-06-14/jpy-bid-squeezes-equities-retrace-hilsen-ramp

JPY Bid Squeezes Equities To Retrace 'The Hilsen-Ramp'

Submitted by Tyler Durden on 06/14/2013 13:43 -0400

As goes USDJPY, so go US equities (and bonds)... as stocks retrace 'The Hilsenramp'

Market tractor-beamed around 2.10% for 10Y, 1630 for Sept S&P futures, and 94.00 USDJPY until...

Thanks Spring2 for the articles.  Notice the link on the Trunews' page is gone.

http://www.blacklistednews.com/Japan_%E2%80%9Cwill_be_the_first_developed_nation_to_experience_financial_meltdown.%E2%80%9D/26692/0/38/38/Y/M.html

Japan “will be the first developed nation to experience financial meltdown.”
June 15, 2013
Print Version

Source: Against Crony Capitalism, Nick Sorrentino

Japan bond cc

Kyle Bass is a smart guy and he’s been watching Japan closely and for a long time. The Hail Mary pass the Bank of Japan just tossed up has bounced in the end zone. Bass says it’s close to game over.

(From Beaconreports.net)

The reason why Japan is going to be first is that they spend 50% of their central government tax revenue on debt service alone. They are near the point where they just can’t borrow anymore. Further, the Japanese would rather not admit wrongdoing: They never restructured their banks during the post late 80s – early 90s collapse. They’ve taken rates to zero. Their economy has continued to move along for the past 10 – 15 years because it was export based. That’s changed − there is nowhere to go.