Japan: why are you wasting your time and money II

We noted last week that subscribers have saved plenty of money by avoiding Japan, on which we have had a "Sell" for a long time.

Indeed, the only positive is that the yen must keep strengthening in the wake of America's Countrywide Financial Corpse, which will lead to more and more unwinding of yen carry trades. Indeed, Britain's bank, Northern Rock PLC,…