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To: Earlie who wrote (33628)5/18/2000 12:13:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
Earlie, that's an interesting thought...if indeed foreigners are beginning to dump treasuries, there could be big trouble down the road.
but surely old allies in the liquidity scam like Japan can be prevailed upon to prop the treasury market up? all they'd need to do is what they do best anyway, print more Yen and buy US debt with it.
remember when Hashimoto once hinted at a possible switch by Japan to gold? they quickly talked him out of it...

regards,

hb



To: Earlie who wrote (33628)5/18/2000 1:01:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
Earlie, something about the notion that foreigners are dumping treasuries strikes me as incongruent: why if that is indeed happening is the dollar so strong?