Balancing the Japanese economy down

[Bob Morris]

>Japan's deteriorating economy, after stagnating for a
decade, has strained
the government's resources to the breaking point,
Finance Minister Kiichi
Miyazawa warned yesterday, saying that "Japan's public
finances are very
near collapsing."

www.stratfor.com, a quite good foreign policy site
(from a U.S. perspective) said that Miyazawa was, in
effect, telling the world to sell their yen, hoping to
cause a drop in the yen, and thus a better market for
Japanese exports, and that it was a virtual certainty
that the U.S. and The Fed, supported this move.