Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: TobagoJack who wrote (4944)	8/21/2002 11:14:52 AM
From: Jim Willie CB	Read Replies (2) of 89467

Japan (not China) is a puzzle wrapped in an enigma I can make great arguments for the JYen to enjoy a strong bear market bounce, continuing what it started in the spring/summer this would engineer a major curveball for their hidebound govt leaders, since their economy is export-based their DeadManWalking banks might have to finally restructure in some sort of managed bankruptcy process, which would force some sales of USTBonds, providing further lift to the JYen the S&P downgrade applies pressure to these ECONOMIC MORONS running the world's second largest economy but as we know, a higher trending JYen would send their StuckInMolasses economy to hell in a handbasket what do you see for future nearterm prospects in Japan? much appreciated for gracing this thread with your presence thanks / jim

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