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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (22583)3/10/2005 3:29:40 PM
From: sea_urchin  Read Replies (1) | Respond to of 81041
 
Phil > Japan too is in terminal decline while the US has a demographic advantage.

Isn't that beautiful. Suddenly the millions of Hispanic illegals and Afro illegitimates are of benefit. I wonder what fairy-tale they'll think of next? Anyway, how can Japan cash in? Or any of the other large holders of US debt, for that matter. Any considerable sale of US treasuries will put the market into a tailspin.

> todays problems may stem from recent statements, now from the BOJ.

The only statement I read is that they won't be selling any US dollars. In fact, their currency, like that of their big rival, China, is now effectively pegged to the USD because of their large dollar holdings. Where the US goes, there goes Japan.

> China has topped out and faces imminent rapid decline, Oil has topped out, Europe is in trouble, Commodities will collapse, and the only safe haven is the U.S.

And, don't forget, the South African rand is the strongest currency in the world.