Japan’s economy is shrinking twice as fast as its peers. It’s industrial production numbers from last week have been the highlight of almost every major financial article. The prime minister of Japan has an approval rating of roughly 10%.
Yet the yen continues to appreciate, rising 20 percent versus the dollar since the end of 2007.
Does this give the Finance Minister the right to show up wasted at the G7 this past weekend?
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UPDATE: He just announced he will be resigning.
Could you please translate and tell me what he was telling?
I know that “ano” means “um”, which he said a lot. I think most of it was “ah, well, um, well, um.”