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Close Topic OptionsJapan Economy
Japan Economy - Politics, Business, Civil, History - Posted: 1st May, 2009 - 11:02am
Posts: 30 - Views: 4081
Recession? Once the strongest economy in the world and now where does Japan head?Sponsored Links:
Economy Japan
Not good news, not only for Japan but the rest of us. Japan was once the world's strongest economies.
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| Japan's economy sees a sharp fall Japan's economic output records its sharpest quarterly fall in almost seven years as the country appears to be falling into recession. Ref. Source 9 |
International Level: International Guru / Political Participation: 3211 
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Economy Japan
Japan has had trouble since 1990 when their stock market index crashed. They did many things that the USA is doing now -- they actually lowered interest rates to 0% ! But they have been in a recession pretty much ever since that time.
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Economy Japan
Once the world's leading economy now here is what Japan declares:
| QUOTE |
| Japan forecasts no growth in 2009 Japan forecasts zero growth for the next fiscal year as the Bank of Japan cuts interest rates to only 0.1 percent Ref. Source 9 |
International Level: International Guru / Political Participation: 3211 100%
TOPIC: Japan Economy