DopeyWinery
DopeyWinery

Japanese economy officially enters recession!!

Japan is no longer the world's third largest economy. The Japanese economy has slipped into recession. Japanese Yen is at 33 year low against USD. Does this signal the start of a domino effect for other major economies? :')

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9mo ago
majboormajdoor
majboormajdoor

Bhai, Japanese economy was barely staying out of recession since 1990s. It's like the West Indies team.

It entering into recession is a non-event for anyone else, just some media headlines and influencers to grab eyeballs

Zeptaa
Zeptaa

This means that MSIL & HMLI will pump more money back into Japan economy by selecting more Japanese tier1-2 suppliers it if means paying more for same part or tech. South Koreans like LG, KIA & Hyundai has been doing this for years.

majboormajdoor
majboormajdoor

Make hay while the sun shines And import heavily when Japs are cryin

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