Japanese downgrade may weigh on US stocks
Moody's rating service is downgrading Japan's debt.
Moody's doesn't like Japan's huge deficits and slow growth since the March earthquake.
By Charley Blaine on Tue, Aug 23, 2011
My comment....
John Mauldin has for several years described Japan's economy as a bug in search of a windshield, the result of a rapidly aging population together with an economy that has been economically depressed since its real estate bubble burst and its equities market crashed in 1990.
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