Does anybody have any feel for the quantitative importance of the carry trade, in particular, the role of cheap Japanese credit? I see frequent references to Japan in terms of fueling the private equity firms and the like, but I have never seen any numbers.
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
