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05:34 PM
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9/12 01:45 ET: Japan Officially Freaks the Hell out
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[quote:Anonymous Coward 1318005:MV8xNjM2ODQ3XzI3MDM0MjM2XzMwQ0Q2QjEw] Japan has had to have two under the table bailouts, one right after the Tsunami and one about 2 weeks ago, the first cost the US 700 million, not sure of the second amount. Article a week ago, flat out stated Japan's economy is at a WWII level. Greece is considered dead now, with Germany anticipating the total write off of all Greek debt owed to them and others. Spain is running to China to keep their economy afloat. If Greece fails, Germany will have trouble maintaining and most certainly other smaller countries will fail also. [/quote]
Original Message
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link to johngaltfla.com
]
Honestly...I need someone to explain to me what this means! LOL
The person that posted this article is freaking out and saying that he believes based on what he read and posted from Reuters that the s is definitely about to htf! Could someone who knows more about finance please take a moment and enlighten the rest of us why this means that Japan has "officially freaked the hell out!" The statement seems pretty calm to me.
Thanks in advance!
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