Nobody wants to be Japan, the fallen angel that went from one of the fastest growing economies in the world for more than three decades to one that has slowed to a crawl for the past 18 years.
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Kenneth Rogoff, professor of economics and public policy at Harvard University, and was formerly chief economist at the International Monetary Fund. (Japan Times)
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funkymofo
Ouch! He has a point though. Hopefully the recent positive economic news will continue for Japan.
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stirfry
doubtful....next piece of really bad news and whatever outside investors japan still has will be running for the exits
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jianadaren
The irony of Japan: Textbook examples of what to do and what not to do
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guest
Demand justice, stop the bullying, help each other and accept mistakes and change. Learn to embrace individuality. You can do it and enjoy a bright future. Japans worst problem is the fact that no one believes that they can change the system. Someone needs to steep up and be the nail that broke the hammer. Japanese people are too good for this oppressive nightmare that is Japan. Revolt now!!
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guest
oh yeah, and raise the minimum wage!!
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LostinNagoya
I wonder how they day that Louis Vuitton close one of its flagships in Tokyo, Osaka or Nagoya will be. That day will be catastrophic.
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