Japan in recession

Carleton Bryant The Washington Times - November 17, 2008, 08:40AM

Japan has slipped into its first recession in seven years and could stay there for a full year, Reuters is reporting.

Remember when Japan was the model of capitalistic development? When every other industrialized nation was encouraged to follow its example?

SEE RELATED:

What happened Japan? Why did you follow our example?

About the Author

Carleton Bryant

Carleton Bryant is a senior editor at The Washington Times, where he oversees the National and Metropolitan desks. He also serves as the newsroom’s internship coordinator. He has served as an assistant managing editor; a National, Metropolitan and Features desk editor; an assistant National desk editor; and a reporter on the National and Metro desks.