Japanese Economic Crisis

`For years Jon Woronoff has been telling us that far from having devised some miraculous solution to the problems of capitalism, Japan remains vulnerable to crisis. For years he was either patronised or ignored by purveyors of the myth of the `Japanese miracle''. Now, however, the economic `bubble'' has well and truly burst, the `miracle'' looks more and more tarnished and Woronoff has the grim sa...