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Japan Is Already In Depression
- Thread starter libertad
- Start date
Quote from oktiri:
China, Japan and all of Asia will get out of this crisis way way ahead of the US & Europe. The main problem being, western economies have collapsed and since they've been producing Zilch...
So , in 1 year
China, doing super well
Japan, stabilized
Korea, still struggling
US, Germany, England : Deep shit
Canada : benign existence still in effect. useless, worthless.
China = Super Well? I doubt it. Who is going to buy all their crappy exports?
Japan = Stabilized? Things look bad for Japan. If their recession ends in 1 year, it will be because it has transformed into a full blown depression.
Korea = Struggling? Who cares?
US, Germany, England = Deep shit? Germany is the leading exporting economy in the world, and it's not because they pay their citizens $12 a day to produce fake dog shit and cast tools that break the first time you use them. And according to the U.S. Census Bureau, the U.S. exported almost 1.9 trillion in 2008, including goods and services. Since when is 1.9 trillion "zilch?" If the U.S. did NOTHING else but export, they would have the 8th largest GDP in the world.
You never know with Canada and England. Canada could go apeshit and attack Russia over the arctic circle, and the U.S. learned all their dirty tricks from the England, so don't assume they're just going to roll over play dead.