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."
Parallels to the 1997 Asian financial crisis are obvious


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."