Monday, November 24, 2008

Financial crisis 'calls for stable growth'

http://www.yomiuri.co.jp/dy/business/20081119TDY02307.htm

Japan just recovered from the 1990s "asset price bubble" and 2000s global slowdown in 2005, now suffers again from the financial crisis.

Japan, as the most developed nation in Asia, usually aim a longer term compare to the US. The Japanese companies' goals are often set for the next 5-10 years or even longer; while American ones aim shorter.

Although it is a hard time for the world recently and specially for the graduates, the economy has touched the bottom and all it needs is time to recover.

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