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Japan Recovery

|Includes: iShares MSCI Japan ETF (EWJ)

Hoping that some better news comes out of Japan.  It is a very challenging situation with the enormous loss life and looming nuclear catastrophe should the nuclear plants not be brought under control.  Certainly hoping for an improved situation. 

Wondering what the impact will be on iShares MSCI Japan Index (NYSEARCA:EWJ).  Clean up and recovery should also strain the government given its relatively high budget deficit of $300+ billion and overall high debt levels at 100+% of GDP.  However, the deficit is still lower than the U.S.  Also, will Japan use some of its $850+ billion of U.S. Treasury holdings to fund these activities.