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To: AmericanInTokyo

Oh dear!! This sounds grim. And of course the MSM is talking about what clothes Michelle Obama wore (or didn’t wear?) to light a Christmas tree.

I never even heard they devalued their currency!!

Please keep us posted AIT and if you could, maybe you could start a ping list for Japan/NK/SK/China that is on the Japanese press? I would appreciate it and I know others would too!


18 posted on 12/06/2009 5:59:36 PM PST by autumnraine (You can't fix stupid, but you can vote it out!)
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To: autumnraine
To heck with the inept, charlatan US media on fast breaking stuff like this.

I am telling you.

Especially on a weekend, during a crisis and ANYTHING to do with Asia-Pacific.

It is either through incompetence, or design, but they are very very slowly, and initially very inaccurate.

Stay with FR. I guarantee you. Heads above those idiots in the State Sponsored Media in the eastern seaboard of our country. The world does not revolve around Washington, D.C., New York City or Atlanta, I am telling you. (They will be the last to know).

26 posted on 12/06/2009 6:09:13 PM PST by AmericanInTokyo (The only thing between North Koreans & their long sought freedom: Barack Hussein Obama. mm mm mmm!)
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To: autumnraine

It was a quiet buzz.

What no one is reporting is that it was a 100:1 devaluation.

If you had the equivalent of $100 (in NK currency), after the devaluation, you had $1.

If there remains any means of civil war in NK, this sort of emboldened, direct theft would encourage it.

But most of NK’s resources and even food go to the military, so I doubt there is much ability to overthrow the government/military.


54 posted on 12/06/2009 6:50:42 PM PST by Ghost of Philip Marlowe (Prepare for survival.)
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