Japan debt

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Japan PM: Act Now, or We'll End Up Like Europe

He wants to double the national sales tax

(Newser) - With Japan's public debt twice the size of its GDP, Prime Minister Yoshihiko Noda said the country needs to start making massive cuts to avoid the credit turmoil that has rocked Europe in recent months and caused credit downgrades across the eurozone yesterday , reports the AP . "Even France...

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