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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (26880)	9/2/2003 2:06:04 AM
From: Mannie	Respond to of 89467

<The treasury secretary did not address the apparent contradiction between his preference for market mechanisms when it came to China and his indulgence of Japan's massive currency intervention. His views on Japan's intervention, which has seen it sell ¥9,000bn ($77bn) of currency this year were, he said, a private matter between him and Masajuro Shiokawa, Japan's finance minister.> May we live in interesting times... Thanks for posting that story to me, these are truly epic events that we are observing....geopolitical evolution at work. The Chinese were quite blunt in their last response to a similar request of a few weeks ago, we are seeing real butting of heads here.....and we don't seem to be in the power position.