Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6197)	7/23/2001 10:31:03 AM
From: Ilaine	Read Replies (1) of 74559

>>I suppose, given Japan's deflation and their nominally zero interest rate, their real interest rate is actually quite 'high'<< This is why Paul Krugman is advising the Japanese to start printing yen; and, as I've said before, why we are keeping the dollar strong. China's #1 trading partner is Japan - the noise Japan makes as it implodes will sound very loud over there.

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