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Japanese zombie companies @nytopinion

January 14, 2013

NY Times Editorial: “Japan’s Latest Economic Transfusion“:

Japan has no other choice after two decades of anemic growth, sapping the buying power of consumers and the competitiveness of its leading companies. Japan’s population is aging and shrinking. Debt-laden “zombie” companies are kept alive by infusions of government credit. Too many workers are stuck in obsolete manufacturing industries and too few are available for potential growth areas like energy and health technologies.

Recall last week zombies in Financial Times mentioned zombie companies in the UK and the path to Japan.

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