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Japan will cause the next big global crisis within the next 18 months: Felix Zulauf

Blog by Brad Herman | June 14th, 2013

For weeks, Japan’s stock market has been in an absolute freefall.

Last night the Nikkei fell to 12,445, down 6.4%. But it wasn’t long ago that commentators were rejoicing in Abenomics – the policy moniker for Japan’s monetary stimulus and government spending plan – for its bold three-pronged approach to juice the Japanese economy.