Japan Is Sinking Back Into Recession

[Realistbear]

http://uk.finance.yahoo.com/news/japan-unemployment-rises-as-output-slows-afp-e49a34551cf7.html?x=0

Japan unemployment rises as output slows

David Watkins, 10:16, Tuesday 29 June 2010

Japan's unemployment rate rose unexpectedly in May, factory output declined and household consumption fell, illustrating the fragile nature of a recovery beset by weak domestic demand.../

Crippling deflation

and weak domestic demand continue to weigh on growth as consumers defer purchases in the hope of further price falls. The government has said it aims to end

deflation

by fiscal 2011.

Double dip looking virtually certain in the US. China reporting slowing, now Japan. Can the UK be the only nation yet to see some recessionary trends--or are they already there but no one sees them?

D word highlighted as some on here do not believe deflation is something that can exist.

Edited June 29, 2010 by Realistbear

[ken_ichikawa]

I hear they have really fast dot matrix devices which can prevent this.

[interestrateripoff]

I'm sure it's contained.

Mars so far has been unaffected by global financial meltdown, so it's not causing contagion.

Proxima Centauri still aren't worried and expect to avoid the downturn.