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Peter Tasker
Author of Inside Japan, 1987

When government does hold the reins, the results belie all the claims made for Japanese business skills. Just before its break-up and privatization by the Nakasone administration, the Japan National Railways sported long-term debts of Y23,000,000,000,000 - more than the debts of Mexico and Argentina put together.

1987 - from Inside Japan, Sidgewick and Johnson, London