Dollar Embargo

pms laflame at aaahawk.com
Tue Apr 16 21:07:27 PDT 2002


I found this teaser on one of my favorite sites on the economy by one of the conservatives. It used to be free. I'm tempted to do a pay-per-view but I'm on a fiscal diet. Anybody know what MOF is? Is he saying someone is buying up a lot of Japanese assets? Is that a lot?

Dollar Embargo

THursday 11th April 2002

The MOF figures show us for February, Grand Cayman was responsible for 95% of all net Japanese stock sales globally, as well as 85% of all bond sales, for a $35 billion total speculative attack, split roughly equally between the two categories of assets.

http://www.capital-insight.com/dailyExecutive.asp



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