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The world economy is at a crossroads. Continental Europe is stuck, emitting only faint signals of revival. Little surprise--no region can ever grow under the gravity of declining populations, 35-hour workweeks and scant entrepreneurs, especially those of the immigrant variety. Japan looks a bit better if you believe the Nikkei's 23% bump this year foreshadows better days. The Land of the Rising Sun has shown us false dawns before. Still, I think we'll finally begin to see GDP growth of 2% or more coming from Japan. That would be good news. The U.S. is clearly the strongest of the G-8 membe…
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