By Tyler Durden
Sometimes it takes years, if not decades to be proven right in a world that has been turned upside down.
Take Abenomics, the “radical” Japanese vision that was supposed to overhaul Japan’s economy and society, push wages higher, boost Japanese exports, spark en economic renaissance and drag Japan out of its perpetual deflationary debt trap (but it’s not targeting a weaker yen, it was never targeting a weaker yen) yet was nothing more than sanctioned money printing, and which we bashed from the very beginning, to wit:
For The First Time Ever, Japan Enters A Quintuple-Dip Recession (Courtesy Of Abenomics) https://t.co/KllDJmX4e1
— zerohedge (@zerohedge) November 15, 2015
