Word: creditably
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...1990s exposed Japan to an economic debacle equivalent in scale to the one that laid waste the U.S. after the Wall Street crash in 1929 and the Great Depression. Scores of Japan's banks and insurance companies imploded, unemployment and bankruptcies soared, real estate values melted, and the credit system turned to mush...
...value players, who saw in the crash the opportunity to find treasure. And diamonds there were aplenty; after all, Japan has a massive and highly sophisticated economy. Some of the early successes in recovery, such as Nissan, and Shinsei Bank, created from the shell of the bankrupt Long-Term Credit Bank, served to create an inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound in the U.S. kicked the fabled Japanese export machine back into...
...find it slightly disturbing that TIME didn't use its Olympic reporting to counter all the hype about how well the American athletes would do in Torino. Athletes from all over the world should get credit for their achievements. To focus so much attention on U.S. athletes instead of recognizing the top individuals in each contest is narrow-minded. I find it only fitting that some of the prominent U.S. competitors underperformed. I would have preferred a little less cheering for your home team...
...value players, who saw in the crash the opportunity to find treasure. And diamonds there were aplenty; after all, Japan has a massive and highly sophisticated economy. Some of the early successes in recovery, such as Nissan, and Shinsei Bank, created from the shell of the bankrupt Long-Term Credit Bank, served to create an inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound in the U.S. kicked the fabled Japanese export machine back into...
...1990s exposed Japan to an economic debacle equivalent in scale to the one that laid waste the U.S. after the Wall Street crash in 1929 and the Great Depression. Scores of Japan's banks and insurance companies imploded, unemployment and bankruptcies soared, real estate values melted, and the credit system turned to mush...