Scenes of a Stagnant Japanese Economy

Scenes of a Stagnant Japanese Economy

In Sendai, dynamic growth has been supplanted by unemployment and stale planning
Andreas Seibert for TIME

Street Scene
In many ways, Japan's problems are a harbinger of what the U.S. and Western Europe might soon face themselves. The Japanese have been struggling with the same issues — an aging society, a fiscal disaster, weakening competitiveness — that the West is beginning to contend with.

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