Financial Times FT.com

Global financial crisis

Japan’s savers pressed to alter their ways

By Mure Dickie

Published: October 8 2009 16:42 | Last updated: October 8 2009 16:42

Street in JapanReuters
Still cautious: although some Japanese have taken to conspicuous consumption, many prefer to store their money for a rainy day

Can Japan’s new leaders persuade their fellow citizens to stop hoarding money and thus ease one of the biggest structural problems plaguing the world’s second-largest economy?

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