Japan…wither thou goest… The US and other developed countries continue to follow Japan. The Dow rose 131 points yesterday. The 10-year note fell, to yield 1.9%. Gold rose $25. What to make of it? Some reports tell us that Europe is getting close to a deal that will save Greece and other ‘Olive Country’ debtors. [...] A Tight Grip on the Excessive Debt Grenade originally appeared in the Daily Reckoning . The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.