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#17
08-12-2007, 08:34 PM
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Re: How do I bet on the yen vs. USD?
Politics make the currency markets less efficient. The US debt is over 100% GDP if they used GAAP accounting standards. Yet it is not priced in 100% vrs the Yen. Politically both sides have too much to lose for a correction. Macro economics is effected by irrational politics.
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