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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: marek_wojna who wrote (6196)7/23/2001 2:41:09 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hi Marek, Just for fun, a lazy afternoon speculation ... I suppose, given Japan's deflation and their nominally zero interest rate, their real interest rate is actually quite 'high'; and if so, and given the certainly precarious and possibly 'unsustainable' USD exchange rate, to the average Japanese, the USD interest rate is quite 'low'. I do admit, events are pretty messed up, like somebody having just released a batch of poisonous snakes in a crowded elevator, and the lights having just gone out. Chugs, Jay
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