Debt crisis could hit nation’s export machine, manufacturing base, world’s access to cash
Japanese investors used to say that when America sneezes, Japan catches a cold. After China became Japan’s biggest trading partner, in 2009, some began saying that when China sneezes … Europe has never been the subject of the sentence.
But with Europe sneezing- and coughing and hacking- for two to three months now, Japan is concerned. Fact is, the European debt virus could infect Japan’s economy in any of three ways. …