Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: lurqer who wrote (9947)	12/2/2002 3:04:37 PM
From: Jim Willie CB	Read Replies (2) of 89467

I have no firm grip on what happens to Japan they have killed their banks they have destroyed their yen currency they permit dead banks to continue operations (not lending much) they permit dead business units to act as vampires (killing healthy ones) with a gun to the heads of citizens, pension funds continue to support 1% govt bonds now they are upping their efforts to debase the yen in favor of the dollar I dont know what is next for this patheticly run nation surely some consequences to their horrendous actions their creditable work ethic allows for considerable savings but their leaders erect new quicksand pools everywhere early in October, the JYen chart took on the look of a bullish Head & Shoulder pattern that is gone now now the pattern has two Heads, with JYen at 124 something unexpected is likely to happen to these guys dunno what, but something big and something ugly they have violated the laws of nature for 13 years / jim

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