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Consumers Closing Wallets in Japan Add to Noda’s Woes: Economy – Businessweek


Los Angeles Times

Consumers Closing Wallets in Japan Add to Noda's Woes: Economy
Businessweek
Japanese consumers are closing their wallets as the economy's outlook darkens, making it harder for Prime Minister Yoshihiko Noda to stave off the nation's third recession in four years. Households are holding the most cash since 2005, shunning risk as
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