Re: The Dangerous Rise of the Japanese Yen

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Article #2954

#2954

From: Musashi
Date: Wed, 06 Jan 1999 00:00

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>
>January 5, 1999
>
>The Japanese yen Tuesday climbed to its highest level against the dollar in
>months.  Some financial market analysts are mystified by the Japanese
>government's apparent willingness to support a strong yet, which hurts
>prospects for economic growth.
>


Your point is that there is something wrong with the japanese yen
rising this way. But what you have missed in this argument is
the fact that Japan is still the largest credit country,
which the U.S. owns much.

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From: "Musashi" <caf49580@pop12.odn.ne.jp>
Subject: Re: The Dangerous Rise of the Japanese Yen
Date: 1999/01/06
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