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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (8912)2/28/2004 2:45:48 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
the best description of BOJ stupidity and recklessness...

BOJ would be better off sending $200 billion in coupons to American citizens for direct purchase of Japanese goods

their exports to the USA are dwarfed by their intervention totals

yes, I agree, sooner or later, the magnitude of IV will be seen as destructive and excessive, not to mention a completely out of control monetary crisis situation

/ jim