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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (810)11/20/2001 10:47:50 PM
From: Don Green  Respond to of 49046
 
MM > i wonder what the effect of the end of deposit protection will be on Japanese postal savings accounts,

For years MANY Japanese have removed all of their money from banks and stored it in their homes just like what occurred during the war. Large "Safes" sales have sky rocketed there.

Many families keep their valuables in cash boxes under the tatami mats in their house which they still sleep on.


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