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Monday, April 28, 2014, 3:09 PM
When you are a fully-industrialized island nation that makes its living in the world by importing raw materials, fashioning them into useful exports, and collecting the difference as your profits, then you simply have to run a trade surplus for the model to work.
Which means Japan is in big trouble:
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And what's replaced it sure as heck isn't working well for the bottom 99% of us
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