RE: Japan, dollar could go down 40%, advice?

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RE: Japan, dollar could go down 40%, advice? - 12/26/2008 4:52:51 AM

awmslave

Posts: 599
Joined: 3/31/2006
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quote:

said Akio Mikuni, president of credit ratings agency Mikuni & Co.

Luckily he does not make such decisions. Chinese and Japanese governments can bring dollar down but it in no way serves their interest at this point.
There will be a decline of dollar due to US government massive deficit spending but nobody wants dollar to crash.

(in reply to thishereboi)