JPY Drops, Nikkei Pops As Japanese Trade Balance Nears Record Deficit (36th In A Row)

``Perhaps I can shed some light on Japanese Prime Minister Abe's missing J-curve; i.e., why Japan's trade deficit seems to be increasing rather than decreasing after massive monetary intervention to reduce the purchasing power of the yen. Monetary debasement does NOT result in an economic recovery, because no nation can force another to pay for its recovery.''