Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Wyätt Gwyön who wrote (895)	11/23/2000 10:14:50 AM
From: Hawkmoon	Read Replies (1) of 74559

the yen has really held its own against the dollar. Indeed... It would seem to be one of the benefits of a population that squirrels away every possible penny as they approach retirement. I just wonder what will happen when withdrawals outpace deposits as people start retiring. Who will buy those JGBs then? I had always wondered where they got that wacky term Ookurashou ("Ministry of the Big Warehouse) Interesting trivia... So I wonder if their ministry that is equivalent to public works would be "ministry of the big outhouse"?? <VBG>

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