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Pastimes : Ask Mohan about the Market
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To: Cynic 2005 who wrote (8682)11/20/1997 1:38:00 PM
From: Tommaso  Read Replies (1) of 18056
 
Everyone is talking about the Japanese selling their treasuries, but would not that be, for them, somewhat like the US selling gold from Fort Knox? I mean, that paper is a solid, interest-paying, anchor for their monetary and banking system. Not to speak of what selling might do to their relations with the US economically--and politically if such a move was seen as economic warfare and as causing the stock market to fall.
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