Yen Will Collapse and Fall to 200: Fujimaki

Takeshi Fujimaki, a former adviser to George Soros, discusses Japan's economic challenges, predicting a significant depreciation of the yen and potential default risks. He criticizes the Bank of Japan's strategies and highlights the impact of Moody's rating cut. Fujimaki warns of further economic decline unless the government takes decisive action, such as continuing to buy JGBs and addressing the sales tax delay.

What is Takeshi Fujimaki's main concern about the Bank of Japan?

• Its lack of transparency in monetary policy

• Its failure to camouflage the nation's default risk

• Its excessive focus on foreign investments

• Its inability to manage inflation

Which economic indicator did Moody's downgrade for Japan?

• Sovereign rating

• GDP growth rate

• Consumer price index

• Unemployment rate

What is the Bank of Japan accused of using as an excuse to add stimulus?

• Rising unemployment

• Foreign debt

• Consumer prices

• Increasing exports

According to Fujimaki, what could happen if investors see through the Bank of Japan's actions?

• The yen will stabilize

• The yen will remain unchanged

• The yen will appreciate

• The yen will spiral out of control

What does Fujimaki suggest is a sign of a weak government?

• Increasing military spending

• Cutting education funding

• Delaying the sales tax increase

• Reducing public sector jobs