ABC Evening News for Friday, Nov 20, 1998
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(Studio: Peter Jennings) Report introduced.
(No location given: Robert Krulwich) The reasons why Japanese banks are in troubled featured; details given of how the banks' "capital account" is in the minus column. [Columbia University economist professor Charles CALOMIRS - cites the extent of the bank problem in Japan.] The prospects that the bank failures could lead beyond recession to depression in Japan and the impact of the United States economy outlined.
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