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


To: Wyätt Gwyön who wrote (25602)1/31/2005 1:56:36 PM
From: russwinter  Read Replies (3) | Respond to of 110194
 
<Japanese have the largest net international investment position in the world.>

1. They have the largest Old Maid Card and Clown Buck position in the world, and will likely be last one standing when Musical chairs stops.

2. They print more currency than anyone, and so called sterile deposits are being mobilized into inflation.

3. Their economy is as artificial and distorted as the US, with a heavy handed MoP arm that fools their people into accepting nearly zero returns in issues back by poor credit quality.

4. They have a completely out of control fiscal deficit, and government debt load (approaching 200% of GDP). The JGB is the most manipulated Bubble on the planet.

5. = All ingredients for major loss of confidence or even panic. What does a Japanese lemming panic looks like?



To: Wyätt Gwyön who wrote (25602)1/31/2005 2:29:28 PM
From: mishedlo  Respond to of 110194
 
can you short JGB through futures?

I believe so, yes
I have a friend who says he did it

Mish