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To: Joseph G. who wrote (8246)10/9/1998 9:31:00 AM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
Interesting warnings from the link provided. Real "bear fodder".
Threaders should take time to read the entire article.

"The collapse in the dollar has not been caused by speculation against the dollar but by liquidation of cross-rates. However, the collapse in the dollar has now wiped out whatever profits the Japanese banks may have had on the foreign holdings. If anything, this rise in the yen may now seal the fate of Japan and push everything over the edge."

pei-intl.com