Tag Archives: japan enters recession
Japan Enters Recession for the First Time Since 2001
Posted on19. Nov, 2008 by admin.
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Japan’s economy, the world’s second largest, slipped into recession for the first time since 2001 as companies cut back spending. Japan’s recession could last even longer than feared and reflects an increasing effort by governments to provide a cushion against a global downturn.
What the market is seeing here doesn’t represent fundamental data, but a crutch. [...]
