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To: posthumousone who wrote (173511)12/24/2008 6:16:52 PM
From: Bank Holding CompanyRespond to of 306849
 
The powerful response is contempt and disdain....If you even respond it means you have acknowledged there is a problem.



To: posthumousone who wrote (173511)12/24/2008 8:11:32 PM
From: bentwayRespond to of 306849
 
Sure!, write off half a trillion! Japan can handle it!

treas.gov



To: posthumousone who wrote (173511)12/24/2008 9:31:08 PM
From: Les HRespond to of 306849
 
their offer to write off the debt instead of a 40 percent revaluation of the yen-dollar is targeted to bail out their exporters.



To: posthumousone who wrote (173511)12/24/2008 11:07:33 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
"Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession".

This brings some interesting points:

Is "money" really "money" ?

Can it can be erased just like that, "poof" ?

Is Japan still paying for the due to lessen the war
liabilities / images, such as the "mini" nanking massacre
vs the hollocust ?


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