Mish/ Mike Shedlock – Japan “Wins”2020 Olympics : Final Nail In Yen Coffin? – 12 September 2013

MishMikeShedlockJapan is all aglow that it “won” the 2020 summer Olympics.

“When I heard the name Tokyo, I was so touched, overwhelmed,” said Shinzo Abe, Japan’s prime minister. “The joy was even greater than when I won my own election.”

“Japan has seemed to be overshadowed by the rise of China and other developing nations,” said Harumi Arima, an independent political analyst. “These Olympics will give Japanese a chance to feel reborn, to feel for themselves that Japan can still be vibrant.”

Touching Indeed

Let’s assume Japan clears its nuclear waste dump in time. Then let’s assume the same rate of “success” in these Olympics as other nations experienced in past Olympics.

Mike “Mish” Shedlock

Read the whole story at : www.globaleconomicanalysis.blogspot.com / link to original article

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