CNN: Japan Now in Recession

[Demi-fiend]

I'm shocked. Mortified. Totally did not see this coming. :meh:

http://money.cnn.com/2014/11/16/news/economy/japan-gdp/index.html?hpt=hp_t3

http://www.tradingeconomics.com/japan/gdp-growth

If only there were someone out there who could've warned us ahead of time that this would happen! :nailbiting:

http://www.zerohedge.com/news/2014-11-16/abenomics-officially-leads-japan-triple-dip-recession

http://www.zerohedge.com/news/2014-...ts-failed-asian-miracle-model-has-also-failed

http://www.zerohedge.com/news/2014-11-17/ecb-says-may-buy-gold-stocks-next

*shrugs* Ah, well. That's the centralized banking system for you. :thumbsdown:

 

[Jak]

unlike you...i actually DIDN'T see this coming (unless you weren't being sarcastic...then i'm the idiot)...the more i think about it and look at what was going on, i can see how the ducks were lined up

 

[berto]

For a long time Japan was in a huge economic slump. During the '90s they were very much in a depression and they had, as a result, a shockingly high number of suicides. They still hold the record for a lot of suicide related things.

Anyway, Japan's poor economics have been with them for a long time. I'm more worried about how those directly affected will react. I don't want to read about more suicide peaks in Japan do to economic falls.

 

[Dante's Stalker]

I honestly thought the whole one-child regime they're so hardcore about was because of financial issues, and whatnot with all the natural disasters that took a few million people (and a few million/billion financially), I think Japan needs to be applauded for keeping afloat as long as it has.

 

[Viper]

I honestly thought the whole one-child regime they're so hardcore about was because of financial issues, and whatnot with all the natural disasters that took a few million people (and a few million/billion financially), I think Japan needs to be applauded for keeping afloat as long as it has.

I thought one-child regime is in China?
But yeah, they suffered so many dreadful hits from nature and are technically still doing better than many other countries.

 

[Dante's Stalker]

I thought one-child regime is in China?
But yeah, they suffered so many dreadful hits from nature and are technically still doing better than many other countries.

I was waiting for someone to correct me on that. I get the facts mixed up with the two places quite often. Thanks for that. :thumbsup:

 

[Exejpgwmv]

Ah, well. That's the centralized banking system for you. :thumbsdown:

No, that's just regular economics.
A country cannot not have a recession after an expansion(economic growth).