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Soros: Japan "right to intervene"

Wednesday, September 15, 2010 - 01:09

Sept 15 - In an exclusive interview with Chrystia Freeland, billionaire financier George Soros says that Japan was right to move in foreign exchange markets to bring down the value of the yen.

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So what about Japan. Another country that has had a similar problem -- and it's now suffering from currency -- Appreciating in value what should be doing in the intervention -- good idea. Of and certainly that. Acting because of currencies whose strong. So I think factory in into the but that would have an advantage that had same problem I mean the they had me you. A real estate boom boom and and then -- crash and the banking. A problem is spending years now. And this filled. Just as threatening. Now I don't think that. I mean this would pick on TV that and the aging of a shrinking population. This over you react in a different situation but still it is they have long time. To work off. The the excess. -- consumption. In this country.

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Soros: Japan "right to intervene"

Wednesday, September 15, 2010 - 01:09