Author Topic: Wal Mart issuing bonds in Japanese Yen  (Read 630 times)

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Offline 5412

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Wal Mart issuing bonds in Japanese Yen
« on: August 04, 2009, 03:48:10 PM »
Hi,

I receive a daily newlsetter about foreign currency.  Following is a blurb from today's edition which is think is very telling.  If one has their total portfolio in USD you are headed for some real heartache I am afraid.

regards,
5412

"Did you see that Wal-Mart just issued $1 Billion in bonds but denominated them in yen? Is there a message there? I believe there is a message there, folks... Now, if we begin to see more corporations doing this, then the message will be loud and clear.

These corporations don't believe they can sell their debt denominated in dollars, as the world is choking on dollars right now. When and if other corporations begin to do this, we'll see the dollar get sold like ponchos on a rainy day at Disney World! "



Offline JohnnyReb

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Re: Wal Mart issuing bonds in Japanese Yen
« Reply #1 on: August 04, 2009, 05:18:48 PM »
Save your Confederate money boys, the south shall rise again.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline franksolich

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Re: Wal Mart issuing bonds in Japanese Yen
« Reply #2 on: August 04, 2009, 07:51:53 PM »
Save your Confederate money boys, the south shall rise again.

You're right, sir.

The way the Great Black Father in Washington is, I suspect that by mid-winter, the Weimar Republic will have risen again, too.
Democrats: A bunch of rich people convincing poor people to vote for rich people by telling poor people that other rich people are the reason they are poor

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