Japan's Economic Crisis

According to an article in the NY Times, Japan is undergoing a major crisis their economy has not seen such hard times since WWII. Japan's export-dependent economy is suffering great losses. Key leaders like Toyota, Panasonic and Nissan have not profitable because of the recession in the U.S. and Europe. High unemployment and deflation have added even more problems to japan's failing economy.

topics.nytimes.com/top/news/international/countriesandterritories/japan/index.html