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Strategies & Market Trends : Asia Forum

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To: RealMuLan who wrote (235)12/29/1997 12:48:00 PM
From: Jack Clarke  Read Replies (3) of 9980
 
Yiwu Zhang:

Japan Vs Korea and debt: An important difference which seems obvious, but which I had not actually thought out. I see now that Japan not only does not owe anybody money, everybody else (especially the US) owes them money.

Don't you think our leaders, (Rubin) have made an "under the table" deal with Japan, so that they will not dump our bonds? Perhaps some sort of trade or currency consession? Many thanks.

Jack
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