G7: Why All the Pressure on Japan?

The Group of Seven industrialized nations is meeting in Essen, Germany, later this week, and despite the fact that there are a lot of people trying hard to suggest otherwise, it appears that the topic of global liquidity will be high on the agenda.Now what I think it is interesting for people to think about is why this is. Why does the yen loom so large in people's thoughts (even though there is