Economy 52,861 Posted November 17, 2014 Share Posted November 17, 2014 http://m.bbc.com/news/business-30077122 Although Japan entering another recession was already comfirmed as its economy shrank for a second quarter in a row... The revised numbers show the contractions have actually been worse than expected The revised numbers show the Japaneese economy actually shrank a wooping 7.3% annual rate in the 2nd quarter of 2014 after already shrinking in the 1st quarter also Recent data also showed Japan shrank once again last month by 1.6% suggesting the recession is dragging on Link to post Share on other sites More sharing options...
Doug 186 Posted November 17, 2014 Share Posted November 17, 2014 Fascinating Link to post Share on other sites More sharing options...
johnpe 916 Posted November 17, 2014 Share Posted November 17, 2014 I love you your name perfectly fits with all the stuff you post and your Cher avatar is just ugh. I love you. MAKE IT WORK Link to post Share on other sites More sharing options...
Azor Ahai 18,861 Posted November 17, 2014 Share Posted November 17, 2014 I love you your name perfectly fits with all the stuff you post and your Cher avatar is just ugh. I love you. Fascinating Link to post Share on other sites More sharing options...
Blackwillow 2,200 Posted November 17, 2014 Share Posted November 17, 2014 wow gaga's curse is real Link to post Share on other sites More sharing options...
Economy 52,861 Posted November 17, 2014 Author Share Posted November 17, 2014 wow gaga's curse is real Gagas curse? Link to post Share on other sites More sharing options...
Blackwillow 2,200 Posted November 18, 2014 Share Posted November 18, 2014 one of her favorite countries in the world. jk Link to post Share on other sites More sharing options...
TheOriginalOne 11,604 Posted November 18, 2014 Share Posted November 18, 2014 Inb4 that world prediction turns out to be right. Link to post Share on other sites More sharing options...
HANZ 4,380 Posted November 18, 2014 Share Posted November 18, 2014 I don't think some of you are taking this seriously tbh, this is big deal, if one of the biggest economies in the world has this....the world is going to suffer as well no one is safe My Favs = Lady Gaga, Janet Jackson, Ricky Martin, AKB48 Link to post Share on other sites More sharing options...
Economy 52,861 Posted November 18, 2014 Author Share Posted November 18, 2014 Inb4 that world prediction turns out to be right. which prediction? theres many predictions from many different economists and agencies Link to post Share on other sites More sharing options...
Miker 5,683 Posted November 18, 2014 Share Posted November 18, 2014 With the nuclear radiation leaks and typhoons, this country has been unable to right the ship. Everything has an impact on the economy and Japan has had some difficult issues to overcome. I can't remember the last time the bank actually charged any interest for loans they made to their businesses. This is not good news. Mars..........or bust! Link to post Share on other sites More sharing options...
Economy 52,861 Posted November 18, 2014 Author Share Posted November 18, 2014 With the nuclear radiation leaks and typhoons, this country has been unable to right the ship. Everything has an impact on the economy and Japan has had some difficult issues to overcome. I can't remember the last time the bank actually charged any interest for loans they made to their businesses. This is not good news. those natural disasters merely exacerbated their situation... their problems go way back they have serious debt issues, demographic issues and competitive issues... also a prolongued period of deflation has created this culture where people dont invest... they simply hoard money because thats an investment in itself risk-free which slows the economy even more... it also results in super low rates so banks make like no money Link to post Share on other sites More sharing options...
Economy 52,861 Posted November 18, 2014 Author Share Posted November 18, 2014 I don't think some of you are taking this seriously tbh, this is big deal, if one of the biggest economies in the world has this....the world is going to suffer as well no one is safe i think Japan has been in trouble for so long that investors and people have become dicensatized to it... i mean after 20+ years of on an off recessions, deflation and huge deficits, you eventually stop paying attention China is what everyone is concerned about atm... their large housing bubble and highly leveraged banks pose a risk of a bubble bursting... and Stagnant Europe is also doing poorly But i think Japan poses an equal risk. Japan is one of the 4 big cylinders of the Global economy (China, US, European Union, and Japan). And if Asia really is imbalanced because of China, then Japan doing poorly will put even more pressure in China because Japan has a heavy influence in Asia So just because their problems have been going on since get late 1980s... doesnt mean they arent a risk Link to post Share on other sites More sharing options...
Economy 52,861 Posted November 18, 2014 Author Share Posted November 18, 2014 I love you your name perfectly fits with all the stuff you post and your Cher avatar is just ugh. I love you. thanks :) Link to post Share on other sites More sharing options...
SychosSoChic 9,995 Posted November 18, 2014 Share Posted November 18, 2014 Praying the anime and manga industry stays strong Hope this doesn't affect the rest of the world too much, I don't want to endure another recession so soon after the last one. Life ain't Hollywood for any one of us. Link to post Share on other sites More sharing options...
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