The Japan Post IPO——-Now That’s A Ponzi!

The global financial Ponzi gets crazier by the day, and more often than not the mad men who run Japan Inc. are front and center. But even Japan’s whacko Prime Minister, Shinzo Abe, has outdone himself with the Japan Post Holdings IPO. We could start with the fact that after trading up roughly 25% from the offer price in an apparent fit of patriotic […]
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