Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
But in 2007, the Yen was over purchasing power parity, so the idea that the Japanese are deliberately discounting their currency against both the US$ and Euro doesn't stand up to scrutiny.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu May 29th, 2008 at 07:00:21 AM EST
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