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This Yen deal could be just a precursor for another discovery of "bad"
balance sheets in Japan, this time not bad loans but bad derivatives
positions.
This time in quadrillions range.
Just another piece of enjoyable fundamental speculation from a technical
point of view,
I am sure you are getting my drift ;-)
in any event as Abby said fundamentals are unchanged as long as an average
high-school graduate in this country is not able to do simple math without
or with calculator.
So far #1 item in the news is that thing when they hit a sphere with a
stick and try to do what is called a home run.
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