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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Hawkmoon who wrote (5553)2/11/2002 12:44:56 PM
From: Sam  Read Replies (2) of 33421
 
Hawk, Henry,
re: $12 trillion of Japanese savings
Is there really still $12 trillion in the kitty? Or is part of the problem that that $12 trillion has been loaned out to non-performing (now perhaps defunct) entities, and if it was ever called, there simply wouldn't be anything there? Excepting of course whatever the massive amounts of then essentially worthless paper that the BOJ would print.
Which would reduce that $12 trillion to ???

Just asking.
s.
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