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IPFS News Link • Japan

A Japan Shock Could Soon Hit Global Markets

• Barrons

About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was a deputy director in the International Monetary Fund's Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney.

Herb Stein famously said that when something cannot go on forever, it will stop. Experience teaches that in economics when something unsustainable stops, it often does so with a bang rather than a whimper.


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