Japan's economy dips into recession

[alp227]

Source: BBC

Japan's economy unexpectedly shrank for the second consecutive quarter, marking a technical recession in the world's third largest economy.

Gross domestic product (GDP) fell at annualised 1.6% from July to September, compared to forecasts of a 2.1% rise.

That followed a revised 7.3% contraction in the second quarter, which was the biggest fall since the March 2011 earthquake and tsunami.

Economists said the weak economic data would likely delay a sales tax rise.

Read more: http://www.bbc.com/news/business-30077122

[geomon666]

1. Abe is a shit head rightwinger.

That's all I need to know.

[yuiyoshida]

2. Yes But I bet he is twice

As smart as the Right wingers we have in this country.

[geomon666]

3. Oh without a doubt

That just makes him worse though. He should know better.