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This portion was edited out of my previous message :
" I been to Japan sir and i seen how it works .I didnt quite understand the ground Guatamala bit or what it meant but liked your home made sembei.Your Tsukiji more impressive than your Nikkei and your fugu heavenly. "
NOT FAIR NOTHING OFFENSIVE WRITTEN HERE.Tsukiji is fish market starts before nikkei at 4 in the morning. lliked the hustle and busle,
N M S
Yuki Taga <yukitaga@xxxxxxxxxxxxx> wrote:
Hi Phsst,
Friday, November 19, 2004, 10:42:28 AM, you wrote:
P> If you were an American citizen dealing in dollar denominated
P> transactions, how would you manage your financial well-being based
P> upon your beliefs?
P> Best regards,
P> Phsst
It's a really broad question, and I'm sure that I'm unqualified to
answer it. But I'd want some diversification against a sharp
currency adjustment. I wouldn't go overboard at all, and getting the
timing of these things right is nearly impossible. By definition, a
crisis is darn near impossible to predict. It's just when someone
like Mr. Volker, who is hardly a Chicken Little, makes an observation
like that, I'm going to give it some weight, rather than stick my
head in the sand. Again, he is not calling for the end of US
civilization, the decline of US living standards to lower than those
of, say, a Senegalese goat herder, or anything else quite that
apocalyptic. But he is saying the currency may be in trouble in the
near to mid term. From him, that's saying quite a lot. Sadly for all
of us, if the world's reserve currency gets into trouble, there may
be few if any hiding places.
Yuki
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