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>> JAPANESE YEN Latest News

JAN 24, 2013 - Zero Hedge

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What the Japanese Trade Deficit Says About the Fraying Fabric In China And Europe

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter European talking heads have been reassuring us on an hourly basis, lest we forget, that the worst of the debt crisis is over. But the Japanese trade deficit, a measure of reality, not words, tells a different story about the crisis in Europe. And about troubles coming to a boil in China. But neither issue can be resolved by Prime Minister Shinzo Abe’s plan to decapitate the yen. Trade deficits aren’t the end of the world for Japan. But they’re the end of an era. Since the ... Read More

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