Japan's economy recorded its steepest contraction on record in the first quarter, sliding 4%.
Japan Economy Shrinks By Record
WSJ.com: What's News US, Wall Street Journal
Tue, 05/19/2009 - 11:55pm
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BING NEWS:
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So when the cash size of an economy shrinks, debt burdens become bigger relative to its size. After years of deflation, Japan's gross debt pile has ballooned to more than 200% of GDP, and is on ...
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