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Once a humble mail carrier, Japan Post has grown into a monster bureaucracy crushing Japan,...
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Wednesday, December 5, 2012, 3:41 PM ETOnce a humble mail carrier, Japan Post has grown into a monster bureaucracy crushing Japan, writes Joseph Sternberg. Having chewed up and spit out former PM Koizumi who attempted to reform it, Japan Post is now looking to expand into college-savings, insurance, even home loans. Maybe of most import, JP's presence is threatening the country's participation in the major Trans-Pacific Partnership trade pact.
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