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Tuesday, February 23rd, 2010
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Posted by
Vitaliy Katsenelson
Japan – Past the Point of No Return
Japan – Past the Point of No Return – By Vitaliy Katsenelson
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fjm222
Enjoyed the presentation and have been interested in this situation for a while. As it pertains to the Yen, do you think that the BOJ could keep the currency from tanking by selling the huge inventory of treasuries that they own.
Vitaliy Katsenelson
I agree, as long you finance it by borrowing in Japanese yen.
Martin
For the money you'll make speculating against the Japanese yen, I would suggest to spend a part to buy a yacht and call it "Negative Carry"
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