Hugh Hendry must be getting poleaxed.
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Victory.
why would japan EVER not make good on their obligations? it’s called bernanking
OOOPS – http://www.zerohedge.com/news/four-years-japanese-central-planning-failure-charted
I thought Hendry was only long Japanese corporate CDS. I’m pretty sure he’s aware of the probability of a sovereign currency issuer suffering a credit event.
What Rob said.