Japan slips into a Recession: Is the USA next? (companies, economy, radio)

[forestgump99]

Wow! That is scary. Their GDP fell 1.6% instead of going up an expected 2%.
Hope the US is not next.


http://finance.yahoo.com/news/japans...002505975.html

BBC News - Japan's economy dips into recession

[ohhboy]

The japan has a stick so far up its butt its unreal. To change a $100 bill they want to know everything about you.



If they let the markets do what they supposed to do Japan wouldnt have a lost decade.

[dsjj251]

Japan has had 5 recessions in the last 15 years, thats an average of one every 3. This isnt some huge news.

[forestgump99]

Originally Posted by ohhboy

To change a $100 bill they want to know everything about you.

Excuse me for my ignorance, but what in tarnations does that mean?

[dsjj251]

Originally Posted by ohhboy

If they let the markets do what they supposed to do Japan wouldnt have a lost decade.

The Problem with your argument is that you dont know what the market will do or how long it will take to do it.

THe Lost decade could have been the lost century as far as you know.

[SETI_listener]

Last night on the radio a guest suggested a full scale evacuation of the island is coming because of the radiation and there is a media blackout on the topic. Maybe this contraction is for preparations.

[ohhboy]

Originally Posted by dsjj251

The Problem with your argument is that you dont know what the market will do or how long it will take to do it.

THe Lost decade could have been the lost century as far as you know.

Spoken like a treu socialist...................lol.


Take a look at haiti and the dominican repubic. Thats a great example of what freedom begets. Or lack of freedom non-begets.

[ohhboy]

Another thing. What i dont get is why are people surprised whem economic growth doesnt occur? Look at the freakin policies.



At the very least the japan PM is thinking raises taxes now may not be a good time..........................lol.

[Bettafish]

South Korea is doing very well though. Both China and Korea disgust Japan, which is a big problem for them.

[dsjj251]

Originally Posted by ohhboy

Spoken like a treu socialist...................lol.


Take a look at haiti and the dominican repubic. Thats a great example of what freedom begets. Or lack of freedom non-begets.

No, i spoke like someone who actually understands economics and business.

People like you think cleaning out the dead would in an economy is a good thing( and in some cases it is), but you forget small details like the fact that recessions do not create a 1=1 exchange for jobs.

I'll give an example, if GM and Chrysler had gone out of business, there is no guarantee that 2 new car companies would have sprung up and created jobs to replace those jobs, nor that Ford would have simply grown to replace them.

You also think that just letting the above cycle run its course will make it go buy faster, but that isnt true either, one business going down can lead to others, and then you just have a domino effect . You could make a 2 year recession last 5 of 10 of 50( countries usually collapse and get absorbed before then).

The truth is free markets are not perfect,but for some reason people like you think they are.