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To: Defrocked who wrote (63907)	9/23/1999 5:08:00 PM
From: Cynic 2005	Read Replies (3) \| Respond to of 86076

<< The main trigger was US Treas.Sec. Summers telling the world that Japan was on its own in stimulating its domestic economy and should use all available tools.>> Def, funny you should bring that up. Not knowing this development, I just posted this: #reply-11344132 <<Summers' pompous attitude towards Japanese could irk them and make them flip a bird. I honestly think that the Japanese Government is covertly urging their institutions like insurance companies to repatriate funds from US as they very well know how quickly things can go wrong in a bubble. >> The academic arrogance of Summers is showing. As Fleck said, rise in Yen is not Japanese problem. The slide in dollar is US problem. Summers should know who is at whose mercy here.