Sent to you by Bill via Google Reader:
The Unwinding continues. Risky is being rejected while Safety is sought out. Time to visit yet another financial organization filled with whiney, childish money managers. State Street Global is angry with the media for supposedly misreporting facts. Alas, the facts are true. But it is also time to visit my old blog to see how right I was even back in 2005. We are not in some new fix but actually, it was very easy to call future events back then. And…Japan has more inflation! And the yen is rising rapidly against the dollar now1 Someone stop Mrs. Watanabe from buying yen! HAHAHA.
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