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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (67909)9/19/1999 7:46:00 PM
From: valueminded  Read Replies (1) of 132070
 
Mike:

Ahh, but it appears we have coerced Japan into our corner by the strength of the yen. I presume you have seen the announcement that on tuesday, they are going to put forth a scheme whereby the US and Japan will jointly act to weaken the yen and strengthen the dollar. I predict that if Japan wants a weak yen, they can get it, however, I have my doubts whether they can strengthen the dollar much.
Whats your thought on this?
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