The worst thing I can be is the same as everybody else. I hate that.
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Can Japan become world's 2nd biggest economy again?
What are the chances of Japan overtaking China in terms of gross domestic products in U.S. dollars in the near future? Well, first of all it is important to consider what the overall effect on the global economy would be, and who, if anyone, would benefit. In 2015, Japan's GDP stood $4 trillion while China's was about $11 trillion. For the situation to be reversed, the yuan would need to go through a period of excessive depreciation and the yen would need to appreciate. But such a situation would likely throw global financial markets into further confusion and potentially lead to a global economic crisis. Although ... (full story)
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