CBO: Obama understates deficits by $2.3 trillion
Saudi's know how to buy off their people, offer jobs and money......
Currency intervention by the G-7 in order to "HELP JAPAN".....let's get this straight, the G-7 nations, together will attempt to manipulate currency market so the YEN DECLINES IN VALUE!
This will help the Japanese people and economy? how? by making everything they need for reconstruction MORE expensive by bringing down value of currency?.....so they need MORE OF IT? Japan is already one of the MOST INDEBTED NATIONS ON EARTH.
From what I understand.......the real issue is the ZIRP Japanese CB policy and carry trade games that have attracted quite a sepculative crowd.....these would include BIG BANKS and FUNDS who have borrowed YEN (at 0%) or SOLD SHORT YEN...and bought other stuff with it...a NO BRAINER...only one thing can harm these "SPECULATORS"......if for some reason the YEN rises in value...when you are short betting on its demise and fall.
MORAL.....like here. If you are the IN CROWD......you get bailed out at expense of all others........when will the little guy investor wake up and figure out "ITS A RIGGED GAME".
Savers here get GORED by 0% on savings (they need to suppliment retirement) and at same time the value of the currency $ is slip sliding away.......stable currency policy? haa
SECTOR supposed to be SAVED and BENEFIT from ZIRP and other assinine FED policies? HOUSING...how's that doing?
Duratek
Saudi's know how to buy off their people, offer jobs and money......
Currency intervention by the G-7 in order to "HELP JAPAN".....let's get this straight, the G-7 nations, together will attempt to manipulate currency market so the YEN DECLINES IN VALUE!
This will help the Japanese people and economy? how? by making everything they need for reconstruction MORE expensive by bringing down value of currency?.....so they need MORE OF IT? Japan is already one of the MOST INDEBTED NATIONS ON EARTH.
From what I understand.......the real issue is the ZIRP Japanese CB policy and carry trade games that have attracted quite a sepculative crowd.....these would include BIG BANKS and FUNDS who have borrowed YEN (at 0%) or SOLD SHORT YEN...and bought other stuff with it...a NO BRAINER...only one thing can harm these "SPECULATORS"......if for some reason the YEN rises in value...when you are short betting on its demise and fall.
MORAL.....like here. If you are the IN CROWD......you get bailed out at expense of all others........when will the little guy investor wake up and figure out "ITS A RIGGED GAME".
Savers here get GORED by 0% on savings (they need to suppliment retirement) and at same time the value of the currency $ is slip sliding away.......stable currency policy? haa
SECTOR supposed to be SAVED and BENEFIT from ZIRP and other assinine FED policies? HOUSING...how's that doing?
Duratek
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