Tag Archives: yen

Yen surges to post war high against dollar

From Michael Krieger: Yen is absolutely SOARING versus the dollar. This is one of the scariest currency moves I have ever seen. It is up 5% right now versus dollar. I can’t even imagine what this means for the open IF Japan’s markets open at all.

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Dead Dictators and Rising Yen

Stacy Summary:  How much you want to bet that the dead dictator’s gold has been transferred to the only dictator left standing?

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Japan Mulls Monetization of Debt & 30 Percent Devaluation of Yen

Stacy Summary:  h/t @Mongo.  Oh boy, beggar thy neighbor moves into high gear.  Mind you, Japan has been trying this for years.  Hasn’t worked yet.

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Headlines, Headlines, Headlines – 06 April 2009

Stacy Summary: Warren Buffett joins a long line of rich and powerful American men who have benefited from the bailout funds that were handed out after the same men threatened the taxpayer with apocalypse.  Speaking of apocalypse, check out the stories on Iceland and on global currency wars . .  .

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