Below is an AP article from MSNBC. It paints a pretty gloomy picture of Japan's future. My question, is this article just another typical gloomy Japan article based on exaggerations and oversimplifications or is this trull what Japan's present and future look like?
Japan has been overtaken by China as the world's No. 2 economy. Its flagship company, Toyota, recalled more than 10 million vehicles in an embarrassing safety crisis. Its fourth prime minister resigned in three years, and the government remains unable to jolt an economy entering its third decade of stagnation.