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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: TAPDOG who wrote (1778)	6/15/1999 9:40:00 AM
From: Step1	Read Replies (2) of 3536

Tapdog, I will answer in more details later but for now here is a short extract of Makin's article: >> economy. There is a yen exchange rate that would escalate foreign investment into Japan to help speed up the much-needed restructuring in the domestic sector. In this sense, a weaker yen would substitute for the much-needed domestically driven deregulation of Japan's domestic sector, which the politicians are loath to pursue with sufficient vigor. Let foreign companies buy Japanese companies and restructure them. The indispensable investments beyond GE Capital's purchase of Japan Leasing would follow a decline of the yen. << I checked the link and it was working as of now. later sg

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