Some lawmakers and market analysts are expressing rising concerns that a demand for capital by earthquake-ravaged Japan could lead it to sell off some of its huge holdings of U.S.-issued debt, leaving the federal government in an even tighter financial pinch.
Full text
Comment: When necessity strikes, there is no escape. What sense would it make to store money forever? The time has come to repatriate - something we announced the first day when the tragedy struck. It will take some time, though, to repatriate an amount of almost a trillion US dollars. The impact will extend over years to come. Go West, buy Yen.
No comments:
Post a Comment