1222 days ago • Posted by Charles-Henry Monchau
How Japan nationalized its stock market
As highlighted in an article in Asia Times, the Japanese government basically nationalized the Japanese stock market: "The Bank of Japan recently became the nation’s top holder of stocks, owning more than US$430 billion’s worth. That means Japan’s monetary authority is now the nation’s investment “whale” – pulling the title away from its Government Pension Investment Fund, or GPIF." - source: The Market Ear
