Tuesday, April 1, 2008

(Un)steady as She Goes in Japan

Last time I had a look at the economic state of play in Japan I asked the rhetorical question of whether Japan was resisting the signs and claims that she is heading towards a recession. Upbeat signs from household spending and a smaller than expected revision of Q4 GDP suggested that this might be the case. In my note however I reiterated my general discourse on Japan in which I have argued

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