Re: Whither Japanese Debt?

To: pkt@xxxxxxxxxxxxxxxx
Subject: Re: Whither Japanese Debt?
From: Warren Mosler <mosler@xxxxxxxx>
Date: Sun, 29 Apr 2001 18:37:17 -0400


"Henry C.K. Liu" wrote:

> Yen is yen; dollar is dollar, and the two shall never meet.
> The Japanese are rich in dollars and debt-ridden in yen. It is the curse
> of an export economy which does not concurrently enjoy the geopolitical
> advantage of imperialism.

Henry,

I would not call the yen situation debt '-ridden' in any negative sense!

w

References:
- Whither Japanese Debt?
  - From: John Gelles
- Re: Whither Japanese Debt?
  - From: Henry C.K. Liu

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Thread context:
- "Global" Authority and Responsibility, (continued)
- Whither Japanese Debt?, John Gelles Fri 27 Apr 2001, 03:55 GMT
  - Re: Whither Japanese Debt?, Henry C.K. Liu Fri 27 Apr 2001, 16:23 GMT
    - Re: Whither Japanese Debt?, John Gelles Sat 28 Apr 2001, 05:33 GMT
    - Re: Whither Japanese Debt?, Warren Mosler Sun 29 Apr 2001, 22:34 GMT
- eSEMINAR: Garrison on "Boom and Bust in a Hayekian Framework", Greg Ransom Fri 27 Apr 2001, 03:40 GMT
- Frankel critigues Bhagwati, Henry C.K. Liu Fri 27 Apr 2001, 03:06 GMT
- [Fwd: The European Anarchy], Sven R Larson Thu 26 Apr 2001, 08:48 GMT
- Anti-EU demonstration in Sweden, Henry C.K. Liu Wed 25 Apr 2001, 22:04 GMT

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