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Credit Markets Move Slowly, Is That a Good Thing?
The yen is seeing lows relative to the dollar that you haven't seen in literally 22 years on that exchange. But let's be honest, we are not in a contagion event for a g seven nation yet. argentina, which is a g 20 country, has failed four times in my career, preston more times. And then we'll take a g 11 country like turkey, which is on the precipice right now. I don't want it to endure more pain for the citizens of turkey, but the odds are it will get worse.