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Merk In the News: Financial Times
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Axel Merk writes in an Op-ed for the Financial Times: A weak yen is not the solution for Japan

"...'A weaker currency may help temporarily improve the current account balance, but given the nature of Japan's trade deficits a weaker currency is not a permanent solution[...]As yields rise, the unsustainability of Japan's debt and deficits will become ever more apparent, says Merk'..."