Japan's national economy: understanding the history of the current crisis and proposing a path forward
The consistent failure of the Japanese bureaucracy and business establishment to meet proper management and regulatory standards has made America's premier ally in Asia a major source of financial instability in today's world.
The consistent failure of the Japanese bureaucracy and business establishment to meet proper management and regulatory standards has made America's premier ally in Asia a major source of financial instability in today's world.
- Japan has the world's biggest everbad-debt burden
- Japan has allowed organized crime to systematically infiltrate its financial institutions
- Japan's national pension system faces imminent bankruptcy
- Japan's banks, brokerages, and insurance houses are near insolvency and welded to obsolete practices that hold the entire country and region back
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