Japan
October 21, 2009 at 13:28 PM EDT
[Skip to the end] Karim writes: There is a piece typifying the logic behind the buying of high strike payers in Japan (Japanese govt debt ‘Ponzi Scheme’). Also heard GS put a similar piece out today but have not seen. Makes no sense but seems to be gathering steam. Right, the sustainability issue with floating FX is the issue of [...]