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A joke about BOJ's Kuroda that is doing the rounds . . .

He is said to be as good as being in Abe's government now

Critics say the BOJ, led by Mr Kuroda, will bankroll profligate spending by the government, leading eventually to runaway inflation, debasement of the yen, a loss of international confidence and the ultimate collapse of the economy.

THERE is a little joke doing the rounds in Tokyo that the only person Japanese Prime Minister Shinzo Abe forgot to include when he announced his new Cabinet line-up last week was Bank of Japan (BOJ) governor Haruhiko Kuroda, who some say is as good as being "in government" now.


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