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+--- Thread: Japan's dollar-denominated GDP shrinks due to yen depreciation (/Thread-Japan-s-dollar-denominated-GDP-shrinks-due-to-yen-depreciation)
Japan's dollar-denominated GDP shrinks due to yen depreciation - theold - 19-09-2022
Japan in terms of dollars is shrinking. If 1 dollar = 140 yen, nominal gross domestic product (GDP) in 2022 is expected to fall below 4 trillion dollars (about 560 trillion yen) for the first time in 30 years, almost on par with Germany in 4th place.
The dollar-denominated Nikkei Stock Average will fall 20% this year.
Wages are back to what they were 30 years ago...
https://www.nikkei.com/article/DGXZQOUB13ART0T10C22A9000000/
RE: Japan's dollar-denominated GDP shrinks due to yen depreciation - RiseofAsia - 19-09-2022
China and US are going to makan its car industry pie.
Cant imagine how are they going to service its debt.
The problem of debt trap is ppl are not borrowing.
RE: Japan's dollar-denominated GDP shrinks due to yen depreciation - singlon - 19-09-2022
getting more difficult for Japoni blackhole to move
we heard UK is falling below inDIA
B4 1985 we were taught to look out for Japanese deflation
due to Zectech financial engineering.
she has become a Blackhole for the whole world.
imagine at that early days being taught the meaning of below zero interest rates.