justinian on 23 October 2009
Last I heard Japan's economy is on the up (+0.9%), following France's and Germany's (+0.3%).
Japan is heavily dependant on it's exports so the US situation is obviously hindering it's growth, but it can at least look to the some EU states growth as a positive thing.
Japan is STILL the world's second largest economy but has been in recession longer than the major economic countries.
The signs are however pointing towards the reality that Europe is starting to recover.
To answer your question, no.
