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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (24071)10/10/2002 7:28:35 PM
From: TobagoJack  Respond to of 74559
 
Hello Elmat, <<Takenaka said market conditions were "very severe" and said he saw a need to eliminate uncertainties>>

He is a wise man.

The resolution to what he sees as uncertainties are possibly two:

(a) Yen devaluation of 50-80%, sending all Japanese assets to their natural and market clearing price, surrendering wealth in one wallop of a swoop, and/or

(b) gradual deflation for another 12 years, sending all Japanese assets to their natural ....

I feel wonderful to have raided Japan for a loan, got back on the boat, and now observing that island through the rifle scope with a sense of participation, namely a sense of social and historical relevancy, satisfying a need for feeling involved:0)

Chugs, Jay