newstime digest

A descending chronological look at selected headlines from The Morrock News Service

11/13/01

JAPAN'S BANKS ON THE BRINK

Distracted by their own problems recently, Americans are largely unaware that Japan's banking system -- and therefore its entire financial structure -- is teetering on the brink of bankruptcy. Bill Stonehill, who has written about this crisis for us as it developed, raises the possibility that the second largest economy in the world could collapse. IT'S NOT JUST SUSHI

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