Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: marek_wojna who wrote (18864)	5/11/2002 12:20:21 AM
From: TobagoJack	Read Replies (3) of 74559

Hello Marek, at USD 3.00/minute access charge here at the Marriott in Moscow, I must be productive with my thoughts ... Japan is doing an 'Argentina' right now, but in a slightly more stealthy way. Instead of Argentina's shutting the banks, forcing USD to local unit currency conversion, releasing liquidity above and way (&^(&$#@$# beyond economic fundamentals, Japan 'is' (by design, default, or natural market inclination) gyrating and whipping the currency exchange rate so that folks are reluctant betting on capital export on a scale necessary to totally deflate Japan with one single stab of the needle, compelling savers to buy JGB debt paper at 0.00x% annual return, and releasing liquidity to cleanse the damage out of sight. The result of the two systematic approaches is one and the very same, namely reduction of wealth and pulverization of hope. Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next