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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (3779)7/15/2006 9:54:44 AM
From: Rarebird  Respond to of 3902
 
>>The central bank has been under pressure from government officials including Finance Minister Sadakazu Tanigaki who are concerned that higher borrowing costs will hamper government efforts to stop the expansion of public DEBT, forecast to reach 151 percent of gross domestic product by March.<<

Indeed, the whole world is raising rates - on top of a debt load which simply cannot live with higher rates.




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