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New Japan Prime Minister Warns Country Going Bankrupt Like Greece

When he was Japan's finance minister, Naoto Kan advocated loose monetary policy to end two decades of deflation. But since his sudden promotion to prime minister, Kan has been crying out about public debt levels. Today, he even used the signal word for austerity: Greece. Read entire story at: http://www.businessinsider.com/japan-pm-abandons-talk-of-deflation-warns-of-gree… added by: shanklinmike