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Post# of 704041
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mlsoft

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mlsoft

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Re: TJ Parker post# 143343

Thursday, 08/21/2003 11:11:31 PM

Thursday, August 21, 2003 11:11:31 PM

Post# of 704041
Tj...

Japan has been very actively intervening to hold the Yen down for a long time now. It is well publicized and very public. Just as a rising $USD will hurt us, a rising Yen will hurt the Japanese and a rising Euro will hurt Germany, France, etc.

That is why the world is now playing competitive devaluation to see who can get their currency the lowest.

mlsoft
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