Japanese Emergency: Global Financial Implications and What We Should Be Talking About(Please read)

Japanese insurers yet to sell foreign assets

Really? Well no effing S!

They cannot possibly have finished tallying up the cost of this disaster, nor what the nuclear emergency will bring. These things don't happen overnight. Maybe they feel they are cash rich enough now...Perhaps they are imprudent with their policy management or, worse yet, are already broke and it wouldn't matter anyway.

Anyway you slice it, insurers in Japan are gonna need money at some point...They ain't gonna get it from the BOJ when push comes to shove.

bonds closed down today - 2.99..........havent seen red on those in a while

I know...Bonds may make up and down moves but my guess is the overall trend will be downward for the foreseeable future.

Looks like this is picking up more steam:

Japan Debt Selloff? Tickerguy on FoxBusiness W/Video

Fears rise that Japan could sell off U.S. debt

Some lawmakers and market analysts are expressing rising concerns that a demand for capital by earthquake-ravaged Japan could lead it to sell off some of its huge holdings of U.S.-issued debt, leaving the federal government in an even tighter financial pinch.

And they certainly won't be adjusting their position upward any time soon.

The economic snowball just got released from the top of the mountain Topco down 57% in 3 days. I believe you will see your prophecy very soon now as they will have no choice

reply to post by mikeybiznaz


Unfortunately I see it happening too.

A prophecy I hoped would have turned out to be nothing but conjecture...

oil at 106-110 is overvalued even with the libyan war and japan crisis. Without those it would be back down to 90-95. I'm taking a huge short position on current price.

So has anybody made money from this yet? If all goes well I'll be posting a good profit. Thanks in advance to the volatile marketplace japan has created.