Japan’s Economy Shrank Record 15.2% Last Quarter

Japan has been using ZIRP for a long time now, there is no where for them to go when everyone else follows the same policy.

Fuck Me :open_mouth:

The Japanese economy shrank by over a quarter in 6 months

Fuck Me :open_mouth:

This is an annualised pace, so it actually shrank by 7.6% in the quarter, no?

Still pretty darn scary!!!

I had a good chuckle to myself when I heard that China predicts growth of 6% for the year :slight_smile:

Isn’t that considered a recession in their books? What once you take out all the number fiddling and all?