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To: mishedlo who wrote (193073)9/21/2002 3:05:03 AM
From: mishedlo  Respond to of 436258
 
reinsurance
standardandpoors.com



To: mishedlo who wrote (193073)9/29/2002 4:40:57 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Mish: why would Japan raise rates? To strengthen the Yen?
To make the cash rich citizens feel richer and spend more?
To bankrupt the already bankrupt banks and insurers in the country?
All of the above? Or just for fun?



To: mishedlo who wrote (193073)9/29/2002 5:10:38 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
If the government wasn't running a huge deficit in Japan, they could get away with it. Rising unemployment kills the Social Security surplus that the politicians were siphoning off as 'surpluses'. Their next plan is to make more adjustments to the CPI, down another 0.5 points. All smoke and mirrors.


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