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To: RockyBalboa who wrote (15472)12/15/2000 8:42:43 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 16892
 
Yeah, Yen looks overvalued - these guys are running huge deficits, at some point it could kick them in the shins. The only thing that gives me a bit of pause is that there is such a mountain of cash savings sitting in their "postal savings" accounts - literally trillions of $ worth. Plus the Japanese have been buying $ for years - incredible amounts. What happens when they look to get out of those super-low savings accounts? Could be nasty.

Morgan