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March 18, 2011, 12:57:03 AM |
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Japan has a massive amount of off-shore investment, in many ways this is Japan insurance policy.
The Bank of Japan has a interest rate of 0%-0.10%. With the incredibly low interest rate, the effective giving away of such a high valued currency must be causing massive hidden economic harm.
Where is this 'new' money flowing through the Japanese economy? How has the earthquake changes Japan's economic outlook?
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