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Hugh Patrick: Economic Crisis in Japan

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bajawind Avatar
bajawind
Posted: 03.04.09, 05:45 PM
Maybe Japan has too much manufacturing capacity. why is there a need to stimulate Japanese domestic demand, the people (apparently) have more than enough stuff already? is it not a more sustainable strategy to pull some of the billions of people living on less than a dollar a day out of poverty and turn them into consumers.
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