Abenomics Utter Fail: Japan’s Crazy Exploding Trade Deficit

The new salvation religion being preached in Japan to a hardened and cynical bunch who’ve lived through one of the worst bubbles and busts in recent history is this: prodigious money-printing by the Bank of Japan would devalue the yen, among other things, causing exports to skyrocket and imports to…

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Abenomics Utter Fail: Japan’s Crazy Exploding Trade Deficit