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Wednesday, 03/16/2011 7:39:09 PM

Wednesday, March 16, 2011 7:39:09 PM

Post# of 364553
link below... in 1991 a book, Sixty Seconds That Will Change the World, about the consequences of a major earthquake in the Tokyo area, and discovered that the rest of the world would come off far worse than Japan. US treasuries would have to be sold to meet insurance claims and pay for rebuilding, resulting in falling bond prices and rising interest rates. The yen would then rise as these overseas savings were repatriated.

http://www.guardian.co.uk/commentisfree/2011/mar/15/japan-earthquake-global-markets

It is a puzzling thing. The truth knocks on the door and you say, "Go away, I'm looking for the truth," and so it goes away. Puzzling.

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