Financial crisis crushes Japanese exports
Posted Japan has experienced a record plunge in exports as analysts warn that the world's second largest economy may have contracted by more than 10 per cent. Japan also recorded its third straight trade deficit as exports plummeted a record 35 per cent last month as consumers around the world tightened their belts. Shipments of Japanese cars, television sets, and DVDs dropped off sharply. Analysts say Japan's economy may even break the record 13 per cent contraction seen in 1974 after the oil shock. The contraction coincide with figures showing that China, the world's third-largest economy, is also slowing, China still managed to grow by 9 per cent last year but dropped below its double-digit growth of the last five years.
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Financial crisis crushes Japanese exports
Replies (2)
Oh god !
When this crisis will end !!!
Market Crashed...What Next?
It is always darkest before dawn
Initially, I wrote a long note on equity markets and on why it is time to press the pedal on equity investments, but then I was reminded of the saying that a picture is worth a 1000 words. So here is the picture and the abridged note follows.
https://www.holisticinvestment.in/market-crashed-what-next
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
www.holisticinvestment.in
(Follow us on)
https://www.facebook.com/holisticinvestmentplanners
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