Monday, February 16, 2009

Japan's Lost Decade (or two or three or four . . . )

Not much comment here, just passing it on for folks to read. Japan is in a world of hurt - still. I do not have the link at the moment but I read yesterday that Japan focused on stability more than economic recovery. If people have food, housing and other basics, society can survive. Perhaps survival needs to be the focus at the moment.

http://www.calculatedriskblog.com/2009/02/japans-economy-shrinks-sharply.html

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