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  • Is Japan Heading Towards an Economic Earthquake?  [View article]
    edward, this was good work. i am really wondering what will really change in japan if inflation is introduced. their currency would be worthless in the carry trade. the average japanese would be faced with higher costs (i realize wages would go up but it is usually a year out of sync). in a world recession - where is their export market?

    what they need to do is get their currency under control. they need to print Yen and buy US dollars. this improves their export position to the USA and to europe.
    Dec 30 03:39 am |Rating: +3 -1
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