Who Would Have Thought? Serial Exporter and Mercantilist Nation, Japan, in 2011, has first trade deficit in 31 Years

Part of this attributable to the devastating tsunami to be sure, but it also reflects the impact of the hollowing out of manufacturing in Japan and many years of "Endaka Jidai" (the "High Yen Period").

http://www.google.com/hostednews/afp/article/ALeqM5htzR7H904D8JUUU-ln6jei4aTJyA?docId=CNG.fcb732571ce9aa6586c37fb34c79e6eb.131