Is the Falling Yen a threat

Japan''s latest anti-deflation package is just old wine in a new bottle.

Economic bailout without structural changes will be ineffective because the economy's balance sheet remains impaired by numerous non-viable corporates and rising bad debts. All this creates a disincentive to spend, invest and lend. And do not be fooled by Japan's low unemployment rate, which gives an illusion that the bailout packages so far have worked.

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