Word: murashima
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...money through its postal savings system, which it has treated as an always-replenishing piggy bank to fund its huge public-spending projects. And thus the giant, unproductive cycle of money and labor churns on. "After all this time, Japan still has the resources to muddle through," says Kiichi Murashima of Nikko Salomon Smith Barney. "And as long as Japan can muddle through, it will...
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