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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: smolejv@gmx.net who wrote (139466)12/20/2001 4:12:57 PM
From: energyplay  Read Replies (3) of 436258
 
Japan's USD assets will be worth more wtih a Yen devaluation -

>>180!!!<< ... would just/also mean Japan gets/gives a chance to retire their 400 B$US position at, say, 60c a dollar. Assuming there's ... ahem ...
somebody ready to do more than just harp on how bad the banking situation etc in Japan is.<<

Current rate is 129 Yen per dollar. Positon is worth 51 Trillion yen.

At 180 Yen / USD, the position is worth 72 Trillion yen

Internal Japan debts are in the 5 - 15 Ttrillion Yen ranges.
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