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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (1557)6/15/1998 9:26:00 PM
From: James F. Hopkins  Read Replies (2) of 12475
 
Barry ; What gets me is these pundits keep say it's fallen against
the dollar as if the dollar has something to do with it. The YEN
is just down ( across the board except with some other Asia currency,
the dollar is not up against it..any more than the pound or the
Frank..) the way they talk is not only miss leading it's irresponsible. It's like the assholes are suggesting we devalue
the dollar..( pure hell if we do ). The Japanese bankers need to stop
short selling their own currency , ( they do this to drive it down
and pay back their already cheap government loans government with an even cheapen YEN..man they are so crooked a snake looks straight.
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I use to Bunker their ships , and they didn't want honest weight,
they insisted on an advantage it's in their culture. They were
beyond any doubt the worst of any nationality for me to have to
deal with. I use to dread it when ever we had to go to bunker
a Japanese Ship. That may seem like prejudiced, and I don't mean
for it to apply to Japanese Americans, but if they had to do what
I did they would likely say the same thing. I expect the Koreans
to be just as bad, ( I didn't bunker any of their ships ) but I
ran a Cod fish boat for them in a wrap around deal when the 200mi limits first came in. They chisel you on every angle. It's in the culture. This is not hear say this is from one who had to deal with them. It got so bad that the fuel, ice docks nor grocery stores
would cash their checks, ( o we just send money to back please
re-run the check ) every time. And it took me holding their feet
to the fire to every get my money. ( even then they jiped me out
of several hundred ) You can trust them about as far as you can
see them , and you better have both eyes open.
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Every one else has to increase their interest rates if their currency
falls, not them ..they drop it. I have no doubt they short their own
currency, just why should we bail them out. They might have bad loans
on the books, but they did that on purpose. It's simple enough to
see their plan , the Japanese intend to buy up and control ASIA and will do it any way they can. That will cause a back lash, and a lot
of political fall out in the next few years.
Jim

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