If Japan steps away from defending the yen and thus from buying American bonds, the full weight of the current budget deficits will be felt in US markets for the first time.

 
  • 如果日本不再維持日元匯率,因而也不再購買(mǎi)美國債券,那美國市場(chǎng)就將首次感受到當前預算赤字帶來(lái)的全部壓力。
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