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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Sr K who wrote (89256)10/27/2008 4:25:13 AM
From: mishedlo2 Recommendations  Read Replies (1) of 116555
 
Currency Crisis Meltdown in Europe, Japan, Australia
globaleconomicanalysis.blogspot.com

Currency interventions don't work but that does not stop countries from wasting money trying. A massive unwinding of the Yen carry trade is in progress and in response the G7 says it's prepared to act on excessive yen swings.

Mish
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