CHRONOLOGY

1985 Plaza Accord depreciation of USD to regulate the forex instability launched by the Nixon Shock of August 1971

 

GLOSSARY

Euro EU single currency EUR yuro high profile as alternative to USD its launch a major impact on Japan cf Acu, Ecu
fusai borrowing liabilities in general as beidoru fusai USD liabilities, yurishi fusai interest bearing debt
hisshi inevitable as beidoru boraku ga hisshi no yo desu a USD collapse seems inevitable
renkei in co-operation in concert as beidoru renkei tsuka USD linked currency, renkei pure team play

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