Too,Old,To,Grow To

　　Recent economic figures show the Japanese economy is declining-its nominal GDP fell 6 percent in 2009 to $5.85 trillion, even below the level of 1992 when its real estate market started to collapse. In a recent article in Century Weekly magazine,Andy Xie, a renowned independent economist, blamed the Japanese downturn on an aging population, a problem also shared by many other countries. Edited excerpts follow:

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