Thursday, August 04, 2011

Second cab off the rank...

Okay, now the Japanese Central Bank has intervened in the yen.

"Japan is just in the process of recovering from a natural disaster, so these currency moves are certain to have a negative impact on the economy and financial markets," Noda told reporters. "As a result, we conducted current market intervention."

What is it about Aotearoa/New Zealand that leads us to take our hands of the handle? To stretch the metaphor, are we the ones being doubled with the Pakeha cyclist who now places his hands over his eyes?

This must date from WW2...

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Simon Lambert

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