Submitted by Tyler Durden on 02/09/2016 - 21:10
Another night, another utter bloodbath in AsiaPac. Japanese markets are plunging (NKY down 600 from US session close and NKY is down 2200 points from post-NIRP highs) along with USDJPY as Kuroda readies himself to face parliament (and Abe says he "trusts Governor Kuroda.") Once again banks leading the pain. Australia is also in trouble, after admissions of cooked data sent stocks lower pushing the ASX 200 into bear market territory.
http://www.zerohedge.com/news/2016-02-09/carnage-continues-japanese-stocks-crash-again-australia-enters-bear-market

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.