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Opinion

Yen's slide toward 150 suddenly seems inevitable

Parallels to the 1997 Asian financial crisis are obvious

| Japan
Bank of Japan Gov. Haruhiko Kuroda: All eyes are on him.   © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

It may be time to give "Mr. Yen" a new nickname. Eisuke Sakakibara is now "Mr. Peso."

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