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Moon Kil Woong is a
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Unlike the US Japan's population has savings and does not run massive trade deficits with other countries. Thus to say Japan is worse off is not to acknowledge the major faults the US has that Japan is lacking. The author should not mistake government deficits with fiscal solvency. The US has a much harder time selling its bonds than Japan has ever had.
Nov 09 13:17 pm
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All Comments by Moon Kil Woong »Watching the USD Drop? Here's What You Should Really Be Watching [View article]