Bizarro! Pure altruism? More likely neither, but self-interest, tho I can’t figure out why or how.
Can someone tell this guy that Japan just suffered an earthquake and tsunami. Quite a big one. Funds needed for reconstruction. And who will pick up the tab when (not if) the euro blows up?
TOKYO AFP – Japan is ready to buy more European bonds if needed to help support a eurozone shaken up by fiscal debt woes, the finance minister said Friday.Japan will invest more in European Financial Stability Facility EFSF bonds if needed, after purchasing some 20 percent of them issued since January, Finance Minister Yoshihiko Noda told reporters.”We’d like to contribute to the emergency lending facility at the same pace if that could help stabilise the economies of the EU,” Noda said.
via Japan ready to buy more Europe bonds if needed – Yahoo! News.
