Japan bears bet on Abe victory followed by yen disaster

December 10, 2014 9:07 PM

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Japan bears bet on Abe victory followed by yen disaster

TOKYO (Reuters) - An election sweep for Japanese Prime Minister Shinzo Abe this weekend looks like a safe bet, but some are betting that the consequences for Japan could be calamitous - a collapse in the yen and uncontrolled inflation.

The continuation of 'Abenomics', a program of money printing and debt-funded spending to lift Japan from two decades of deflation and stagnation, is, they say, not just failing, but heading for disaster.

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