Mark why don't you make this bet worth Max's time, a bottle of Lagavulin. Who cares about Russian rubles? Dried Russian rubles?
Mark Jones Friday Sept 18,98: "But today the FT estimates that the true Japanese bad debt problem is even worse, and at $1.21 bn is now approaching 30% of GDP."
Doyle ????$1.21bn???? I've heard different stories, but I think they can handle 1.2 billion. And don't they have socked away something like 7 trillion $. What I wonder is if the Japanese think they can manage while the U.S. gets a taste of stock market jitters.
Doyle So I think because of this sort of accounting error Mark you ought to at least offer Max Lagavulin odds. 2 to 1?
regards, Doyle Saylor