Have any Yen? Sell it very quickly. The new Minister of Banking and Postal Services in Japan is a blithering idiot.
---Edit 9/29/09---
I said this, but then the new Minister of Finance, who is another, different blithering idiot, said, "the government won't do anything to stop the Yen from trading higher." So everyone bought more Yen, and stocks plummeted.
He then said, a few hours later, "I changed my mind," and the Yen went back down a bit, but stocks stayed low.
Thursday, September 17, 2009
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