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Michele Kearney's Snuffysmith's Blog Major Foreign Policy, Economics, Energy, and Irrelevancies of the Day
Monday, March 14, 2011
Mohamed El-Erian - Japan’s economy will eventually rebound
Mohamed El-Erian - Japan’s economy will eventually rebound Japan’s immediate focus is on the enormous human suffering, and rightly so. As people around the globe join Japan in being saddened by the loss of so many lives and in praying for the success of rescue efforts, attention also turns towards the extent of the damage to the economy and its reconstruction and rehabilitation plans.
http://link.ft.com/r/UXDMSS/
http://link.ft.com/r/UXDMSS/
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1 comment:
BOJ has expanded the QE program to 10T Yen to aid the recovery. However it needs to be signficantly bigger to have a meaningful impact.
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