
Is Japan in crisis as yen crashes? Or is USA exporting its economic problems?
Geopolitical Economy Report
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The Yen's Impact on the Japanese Economy
Exploring how the depreciating yen affects Japanese workers' income, the chapter delves into the complexities of currency exchange rates, discussing the competitive edge for exports and increased costs for imports like oil and gas. Challenging crisis narratives, it highlights Japan's industrial resilience amidst fluctuating currency values and addresses misconceptions perpetuated by Western media.
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