Japan's fading economy

ARTICLE - Two years ago, at the height of the dot.com bubble, when there were already worries that the US boom would end in tears, it was argued that the world needed Japan to start growing again before the US stopped doing so. It didn't quite turn out that way.

Originally from a BBC report.

In actual fact, Japan has been suffering worse than any of the big industrial nations, including the US itself. It is forecast to grow - sorry shrink - by 0.5% this year, and by 0.4% next year.

Prices have

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