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Blitzer's Blog >> 42674

Posted: 24 Dec 2008 20:15 [ permalink ]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFgHlh.Dn4Lc&refer=home

Dec. 24 (Bloomberg) -- Japan should write-off its holdings of Treasuries
because the U.S. government will struggle to finance increasing debt levels
needed to dig the economy out of recession, said Akio Mikuni, president of
credit ratings agency Mikuni & Co.

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