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To: nicmarlo
An article last night said that the strength of the yen will negatively impact Japan.

Not just them, a lot of our credit is carry-trade from cheap yen at low rates.

212 posted on 03/17/2008 11:56:17 AM PDT by palmer
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To: palmer
a lot of our credit is carry-trade from cheap yen at low rates.

I think this was also addressed in the article....it was late last night and I didn't bookmark it. The commentary had to do with the Asian markets tanking, the strength of the yen, not seen since the late 90's, trade, and how the strength of the yen will negatively affect Japan....I'm certain, now that you bring it up....that credit was mentioned, but I cannot recall with any specificity what was said.

218 posted on 03/17/2008 12:02:56 PM PDT by nicmarlo (A vote for McRino is a false mandate for McShamnesty)
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