Japan Economy Ready To Enter Recession Again

[AdvancingTime]

Japan probably slipped into technical recession again in July-September due to a combination of soft external demand, weak private consumption, and a drop in capital spending. This is expected to keep policymakers under pressure to put forth additional monetary and fiscal stimulus in the coming months to again bolster flagging growth.

With its huge debt and reliance on exports it is beginning to look like Japan is a problem that can't be fixed. The massive trade deficit America has with Japan of around 76 billion dollars a year feeds large amounts of money into the country, but its population is aging and shrinking, and Japan's public debt stands at around 230% of its GDP. Below is the latest in a series delving into the woes of the worlds third largest economy.

http://brucewilds.blogspot.com/2015/11/japan-economy-ready-to-enter-recession.html

 

[TNHarley]

Free Trade did this? Imagine that EdwardBaiamonte
The "lost decade" should have been an eye opener. Guess not.. Even after fair trade is what built them up after the war..

 

[DGS49]

Perversely, it is efficiency that is killing the world's mature economies. We can produce everything we need with about half the resources we have, so the economies rely on a combination of (a) over-consumption internally - people buying goods and services they don't need, (b) people from outside the economy buying the excess production (exports), and (c) Government supplementing the spending side with compulsory wasteful programs.

A population that lives prudently - works hard, saves its money, and buys only what it needs - is doomed. Especially if they don't make it a cultural imperative to have large families.

It's fucked up, but true.

 

[EdwardBaiamonte]

Free Trade did this? Imagine that EdwardBaiamonte
The "lost decade" should have been an eye opener. Guess not.. Even after fair trade is what built them up after the war..

1000% stupid as always. Japan is a largely a socialist country and is experiencing socialist rates of growth. They have had over 2 decades of stagnation. The way out is capitalism, obviously.

 

[EdwardBaiamonte]

Free Trade did this? Imagine that EdwardBaiamonte
The "lost decade" should have been an eye opener. Guess not.. Even after fair trade is what built them up after the war..

what built them up after the war cheaper better products. They were much like China was in 1980 after the switch to capitalism. At this point we don't know if China's govt will interfere enough to cause decades of stagnation too.