The purpose of the USDJPY from Albert Edwards

I was very impressed by the strong two articles in Zero Hedge, on the latest steps of the Bank of Japan.

The first: "Most Important Chart For Investors" Updated: Edwards Sees USDJPY 145 Next And "A Tidal Wave Of Deflation Westward"

Second: Things That Make You Go Hmmm ... Like Japan's Inevitable Apocalypse

The essence of the first, which is written in a very authoritative analyst of Citi Albertom Edvardsom that if USDJPY begins to move, it can move very quickly. According to Edwards, you should consider the options for which 1 the first quarter of next year, USDJPY may be at the level of 145.

The exchange rates world extreme volatility often obvious, but rarely predictable. We explained recently that investors focus on EXCESSIVE EUROUSD, WHILE THE NEW ROUND OF JAPAN QE makes Japanese yen Dominant CURRENCY history. I expect to break the key level of 120 in the near future, after which will be quickly achieved at least July 2007 (124) and February 2002 (135). If you want to see a goal that reflects the historical volatility, consider low in August 2008 145 year. This is my prediction for the 1st quarter.

In other words, Albert Edwards expects that the next 4 months USDJPY devalued by 25%.

In parallel with USDJPY = 145 Edwards predicts EUROJPY = 170,

For me it is not clear whether these forecasts Albert Evardsa loss by the Bank of Japan's control over the course of USDJPY or it is planned shock therapy mean? How did he imagine it?