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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (4875)	6/27/1998 2:32:00 PM
From: Joseph Beltran	Read Replies (1) \| Respond to of 9980

Susan, The U.S. has an ace in the hole of sorts: at any time the u.s. can make a demand on japan for ww2 war reparations and freeze japanese assets in the u.s. as security for payment. with interest, that could amount to one hefty sum of money. as far as I know there is no international statute of limitations on claims for war reparations and hopefully we didn't waive those claims when the japanese signed the surrender. regards

To: Amelia Carhartt who wrote (4875)	6/27/1998 6:28:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9980

MSB, <<I don't know anything about anything I think "milady doth protest too much" as surely the idea of Japan's withdrawl of funds does have to come to mind. <<I am sure that Japan would love to see the US bubble get as big and fat as it can and then pull the rug out, i.e. pull their money out driving rates up and the market into the tank. >> I do not think that Japan would view a tanking of their largest customer as a good thing. And I do happen to agree with Joseph that demand for reparations is as good an excuse as any for the apocalyptic scenario of flushing the surety of the world's safest paper down the toilet. Best, Stitch