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"The moment is here," writes Goldman's Jim O'Neill, joining others who say it's finally...
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Monday, November 19, 2012, 7:32 AM ET"The moment is here," writes Goldman's Jim O'Neill, joining others who say it's finally happening - the yen is entering a sustained weakening phase. Along with noting a change in the tone of leadership, O'Neill points out an end to Japan's vaunted trade surpluses has caused the current account to go into deficit.
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