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Japan's prime minister will have a tough job in trying to convince the G-8 next month that his "three arrows" stimulus program is not just a subterfuge to boost exports.
President Obama's proposal to forgive billions in student debt will encourage students and parents to continue to make poor choices and embolden colleges to push up tuition.
Currency pairs rarely trade where they "should," says this forex expert, but he goes ahead and attempts a forecast for the dollar/yen.
U.S. Bond market vigilantes have already forced a de facto policy shift to tighter credit conditions, writes Michael Ivanovitch.
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