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Sovereign Debt Bubbles Ready To Pop

The Loonie Hour

CHAPTER

The Dangers of Letting the Renty Go

CNN's John Defterios looks at the impact of a possible currency war in Japan. He says japan will try to dance their way out of it, but they can't deflate themselves into prosperity. The yen could fall as much as 30 basis points from its current 25-basis point level. That would cause inflation and lead to more dislocations for Japanese consumers.

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