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To: Alex who wrote (11454)5/9/1998 11:31:00 AM
From: philv  Read Replies (1) | Respond to of 116833
 
Alex: An interesting angle to the Japan problem:

<<<Both the American and Japanese governments seem, however, to have missed the point and are trying to prevent the yen falling. This is unwise. Without a weak yen, Japanese costs and prices will have to fall and this will do even more damage to the Japanese and world economies.>>>

......................................................................

Japan has been promising to curb their trade surplus, strenghten the yen for about as long as I can remember. All talk? Read the rest of this short article from Kitco @
kitcomm.com

Phil