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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Step1 who wrote (2981)1/20/2001 9:10:02 PM
From: Hawkmoon  Read Replies (2) of 3536
 
There is plenty of money in Japan, it`s just that a lot of it is going to waste on prolonging the life of walking deads...

Oh yes... I knew that.. reportedly some $12 Trillion in savings. I certainly wasn't trying to imply that people don't have money, but that no one is willing to put it at risk because they realize there is little opportunity to make a profit or gain from doing so.

But when the Japanese government eventually has to face the burden of its tremendous national debt and declining tax base, it will be forced to undertake drastic measures, most probably monetization.

And that will have tremendous impacts on the rest of the world and the US trade deficit. However, it would be great for reducing inflation in the US.. :0)

Regards,

Ron
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