Tuesday, February 17, 2009

Chest Pains With Metallic Taste

will be another Japan? (Pt. II)

were released preliminary data on domestic product of Gia ppone in the fourth quarter of 2008, showing the Japanese economy increasingly difficult.

The fall was of 3.3% over the previous quarter, the worst since the last 35 years, caused in large part by a steep fall in exports, fell by 13.9% over the previous quarter, a decline never occurred in the past.

The diagrams show how we wanted in the last 20 years the Japanese economic situation continued to deteriorate almost without interruption.

In the first graph, we can note the collapse of stock market index Nikkei 225, which has lost 70% of its value despite interventions to support the economy have been many and have greatly pushed up the total public debt, increased by approximately 277%.

This brought the public debt to 200% of gross domestic product, but without significant results even on the latter, only grown an average of 1, 67% a year.

see also:
will be another Japan?

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