Charles Pegge
14-06-2012, 07:48
Too much -- too little: unstable system.
Using Japan bonds as a safe haven forces up the value of the Yen, making Japanese exports too expensive.
Projected Value of the Dollar in Yen
http://www.forecasts.org/images/exchange-rate/Yen.gif
http://www.forecasts.org/yen.htm
On the other hand:
'We cannot cope'Kostas Lourantos, head of the pharmacies' association in the Attica region which includes the capital Athens, said pharmaceutical companies were no longer interested in selling to Greece because of its bad debts.
http://www.bbc.co.uk/news/world-europe-18343048
http://www.guardian.co.uk/world/2012/jun/08/greek-drug-shortage-worsens?newsfeed=true
Using Japan bonds as a safe haven forces up the value of the Yen, making Japanese exports too expensive.
Projected Value of the Dollar in Yen
http://www.forecasts.org/images/exchange-rate/Yen.gif
http://www.forecasts.org/yen.htm
On the other hand:
'We cannot cope'Kostas Lourantos, head of the pharmacies' association in the Attica region which includes the capital Athens, said pharmaceutical companies were no longer interested in selling to Greece because of its bad debts.
http://www.bbc.co.uk/news/world-europe-18343048
http://www.guardian.co.uk/world/2012/jun/08/greek-drug-shortage-worsens?newsfeed=true