In response to:

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

sahlberg Wrote: Nov 16, 2012 2:02 PM
You wrote, "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." The idea that a strong currency is a bad thing is mercantilist, screw the consumer stupidity on steroids.
FA Wrote: Nov 16, 2012 3:21 PM
I don't see how Japan's currency can be too strong if its debt is 230% GDP. Who determines these things anyway? This statement in the article doesn't make that much sense to me.

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...