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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (22846)	9/21/2007 2:39:43 AM
From: energyplay	Read Replies (2) \| Respond to of 217662

Lets see, Japan bought all those US Dollars out of the goodness of their little hearts ? Or did Japan buy to push the US Dollar up relative to the Japanese Yen so they could sell lots of stuff to the US and capture manufacturing jobs ? Would Japanese cars have such a large market share if the Yen had been stronger and the US Dollar weaker for 20 years ? Same for Korea, Taiwan, China. China's case is a little different in that they pushed their currency down to get a better competitive position versus the "Asian Tigers" - which is why we don't hear about Asian Tiger economies anymore, a dragon ate them ;-) So now the bill comes due for all the currency manipulation...