Does he deserve the respect of the rest of the world? Why did his countrymen elect him to be pitied today?

It is more fun criticizing

It is sort of cruel to watch an elderly leader commit this gaffe.  It is pitiful.   He wont get the respect of the rest of the world.  And his people also laughing stock.  We are glad we are from this country and not theirs.

More explanation on this week's bloodbath: BOJ increase in interest rate and rising yen detonates world markets

It is more fun criticizing

The BOJ decision to increase interest rate and rising yen has hammered the carry trade.   And it is no longer wise to hold on to carry trade.    Thus hedge funds and other money funds are disgorging their carry holdings to stave off losses.   The two events are causing the carry trade to be unprofitable.  

Is this revenge for the nuke bombing of its two cities vs USA and the world (no basis)

We just wonder how this event would:

1.  Affect Japanese yen loans to the Philippines;

2.  Budgeted/approved yen loans to Philippine projects

Global stock market just crashed

There is greater uncertainty with USA because of huge debt.   Its a $36 trillion now.  And USA adds $1 trillion every 100 days.  The idea now is not to pay the debt and just keep on printing more money.   But all will come crashing soon.

Questions:

1.  How is this crisis going to affect our relatives living in USA?

2.  How is this going to affect local banks and businesses.?

All ready local stock markets are down?  How about local banks?  Will this crisis affect remittances and our OFWs

Gold price breaches $1,200/ounce the highest increase in a year amidst stock volatilty

It is more fun criticizing

Rizal Philippines
February 13, 2015

From the week

Gold prices breached the $1,200 mark, the highest increase in over a year, amidst stock volatility worldwide.  and "weakening dollar" Investors usually look for safe haven when they find other investments to shaky or unsafe.

Could this signal the start of collapse  as was predicted to happen on Feb. 19?  Unlike the end of the world prediction, collapse of financial and capital markets do happen.!!1