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Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession
(www.bloomberg.com)
this post was submitted on 15 Feb 2024
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This was their vision that they want to pass, but in reality their economy is still stuck with outdated production methods, and there is still a lot of bad bureaucratization in both the government and companies. Not to mention that with the agreements of Plaza Accord, destroyed Japan's competitive advantages over the US.