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1 posted on 01/27/2011 1:20:24 AM PST by bruinbirdman
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To: bruinbirdman

All Japan needs is a sputnik moment. Fixes the economy in a snap. Heard it on TV.


2 posted on 01/27/2011 1:32:01 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: bruinbirdman
Well, Japan has been desperately looking for a way to lower the value of the yen... as to make their products more competitive in the global market - and to boost their employment numbers.

Maybe this is a blessing in disguise for them?

4 posted on 01/27/2011 3:36:23 AM PST by gogogodzilla (Live free or die!)
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To: bruinbirdman

I believe the reporter needs to tone down the rhetoric.

The yen HAS NOT moved sharply lower.

The yen/dollar exchange closed at 121.27 yesterday and today it is trading at 120.46.

I do not believe that change is “sharply lower”.


6 posted on 01/27/2011 4:55:57 AM PST by Presbyterian Reporter
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