Word: harada
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Dates: during 1990-1990
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...mild case of the Shanghai flu. Inflation is drifting upward, while economic activity seems stuck in a quagmire of intense foreign competition and excessive debt. During the last quarter of 1989, the economy grew by only 0.5%, the slowest pace in three years. Warns Kazuaki Harada, chief economist of Japan's Sanwa Bank: "The real U.S. situation is worse than the growth-rate figures would indicate." Federal Reserve Board Chairman Alan Greenspan, whose finger is closest to the American economic pulse, thinks the current slump is probably only a "temporary hesitation" and believes the U.S. can avoid a recession...
Though the Japanese constitution guarantees freedom of speech, the taboo against criticizing the royal family is almost never violated. Said Naoo Harada, who published a collection of pro and con letters written to the mayor after his remark: "I'm fearful that this incident could force out freedom of speech again...