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

To: LLCF who wrote (22474)	11/26/2004 9:25:02 PM
From: TobagoJack	Respond to of 110194

<<Hmmmm.... the pebble dropped in the middle of the pond?>> DAK, ... don't worry about it. It is only USD 450 odd billion at the sharp end of the margin. The Japanese, as usual and always, can be expected to hold the bag. They did it once before, buying Hawaiian Chinese owned Waikiki resort properties 10x preceeding price (like, the peak), and selling back same at /10 their purchase price (it's called recycling Toyota Dollars). This time the Japanese can use their depreciated USDs to buy oil from China-operated fields in Sudan and Iran, originally purchased with Toyota Dollars entering China as FDI ;0) What a twisted deal :0) Chugs, Jay