In response to:

Warning: The World's Third-Largest Economy Could Crash Soon

PassuerDFumes Wrote: Nov 19, 2012 6:01 PM
No. The religious organizations were not favored. They were simply included instead of excluded. Prior to that, religious organizations had to lose/hide their faith based principles in order to get funding to help the poor. Which makes sense since they are by far the most efficient way to help the poor. Question is, why do leftist and liberals, who claim to care for the poor, oppose this? Is it because their "care" for the poor is politically based? Yes.

In the summer of 2010, a little-noted milestone took place. China passed Japan to become the world's second-largest economy. Now, Japan needs to keep an eye on the rear-view mirror. Germany and Brazil are gaining ground and may overtake the Asian country in coming decades as well.

Japan's steady decline  -- relative to other economies -- can be attributed to a pair of factors: A rapidly-aging population and a too-strong currency. These two factors are crimping demand for goods and services at home, as well as foreign demand for exports.

This isn't a new story. The Japanese economy has barely budged...