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Reading The Writing On The Japanese Wall
A Fistful of Euros 1 Year, 10 Months, 3 Weeks, 2 Days, 7 Hours, 20 Minutes ago
The recent decision by Fitch Ratings to downgrade the Japanese sovereign by one notch, from from AA minus to A plus, has all the outward appearance of being a predictable non event. As the Reuters article reporting the decision puts it, …...