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Mayhem Requiem

Japans Wages Falling Faster


Economy

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Economy

http://mobile.reuters.com/article/idUSKCN0HP00N20140930?irpc=932

The stats show another bad month for Japan as both industrial production and consumer spending fell last month

An even bigger concern is when you factor in falling wages which fell once again last month even when you adjust for on and off deflation

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The US was the biggest trigger for the 2008 financial crisis. Sometimes i wonder if the next big crisis will be if Japan reaches a breaking point and collapses and as the worlds 3rd largest economy, brings the world down with it :MANiCURE:

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the next worldwide financial crisis is coming

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