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Tokyo exchange failure shows why Japan's own stock is falling

Japan squanders past eight years of supposed reform under Shinzo Abe

| Japan
An empty trading space after the TSE suspended all trading due to system problems on Oct. 1: investors were questioning the reliability of a market that seems unready for prime-time.   © Kyodo

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

The real winner from the Tokyo Stock Exchange outage last week? Bitcoin!

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