|Manila at 5 PM today|
Back in Manila this weekend, after two wonderful weeks in Japan, living a Travelife, we became busy once more with meeting up with friends.
Today, we went to Vask at BGC for a lunch of tapas, paella, cochinillo and callos.
We'd returned to Manila just in time to catch up with a couple of friends who are in town just until this weekend and who work as hedge fund managers based in Singapore.
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ROCKING AND ROLLING
Over tapas and lots of wine, and after exchanging notes on travels, we almost immediately discussed the big movements in the Japanese stock market last Friday and the implications of several actions taken by the Japanese government also on Friday.
Friday, by the way, was also the day that the Japanese yen weakened to a level we haven't seen in years. The exchange rate was on average JYEN 111 to 1 USD on Friday.
Many people around the world have been watching these signs very closely, waiting for the equivalent of the possible start of a Perfect Storm.
This Perfect Storm has been long in the making and equally long in keeping all of us Japan watchers waiting.
THE Y FACTORS
Lots of extraneous things like the serious global spread of the Ebola virus and a possible burnout of the Chinese economy, instead of a slowing down, may muddle its path.
But barring such unforeseen factors, it seems that the Perfect Storm -- which is just my own term, as other people like to call this the Second Wave, by the way -- may be heading this way sooner rather than later.
I wish I could say more, but I can't, except to say that exciting times are ahead again, in my never-ending, and never-endingly eventful Travelife.