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Japanese Economic Collapse Confirmed
03-31-2011, 03:22 PM #1
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
In the first economic metric since the Japanese earthquake struck, Japanese manufacturing activity slumped to a two-year low in March and posted its steepest monthly decline on record, confirming all the worst fears about supply chain disruptions and production operations, according to the Japanese PMI released on Thursday. From Need to Know News: "The 6.5-point drop in March was the largest on record, surpassing the falls seen after the collapse of Lehman Brothers in September 2008 and the U.S. terror attacks in September 2001,

... adding insult to injury is the confirmation that inflation is now ravaging the land: the input price index increased to 65.2, the highest since September 2008, due to higher costs of raw materials such as crude oil and naphtha. It now appears that Japan is about to have the worst stagflationary episode in its history ever.

http://www.zerohedge.com/article/japanes...-drop-ever
03-31-2011, 04:43 PM #2
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Yes, I don't think they will ever recover.
03-31-2011, 04:46 PM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,279 Threads:1,438 Joined:Feb 2011
Conformation, Shadow. I realize you and everybody else with any economic sensibility at all could see this coming.
2 days ago I told Octo "Markets are up, they are gonna' take the last of the suckers dollars an yen right before the big bang, just watch"
I read the yen fell to 10-month low versus the euro today, IMO there is no end in sight. I will say in all fairness that my opinions are not very optimistic about anything right now.

wonder.gif
03-31-2011, 04:57 PM #4
Octo Mother Superior
Posts:42,606 Threads:1,469 Joined:Feb 2011
(03-31-2011, 04:46 PM)JayRodney Wrote:  I will say in all fairness that my opinions are not very optimistic about anything right now.

Oh it's not all that bad...You could be out of beer and I could be fat and mean and hate your guts beercheer.gif
03-31-2011, 04:58 PM #5
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
chuckle.gif lol.gif rofl.gif

iagree.gif
03-31-2011, 05:07 PM #6
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
rofl.gif
03-31-2011, 05:09 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,279 Threads:1,438 Joined:Feb 2011
13.gif Things can always be worse. İmage

wonder.gif
03-31-2011, 05:11 PM #8
Octo Mother Superior
Posts:42,606 Threads:1,469 Joined:Feb 2011
No shït chuckle.gif As the old saying goes; Things are never as bad as they can't get worse beercheer.gif
03-31-2011, 05:41 PM #9
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
I suppose falling overboard in the great barrier reef dressed as a seal would be worse. chuckle.gif
03-31-2011, 08:01 PM #10
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,279 Threads:1,438 Joined:Feb 2011
İmage I had one of those on the other night.

wonder.gif
03-31-2011, 08:02 PM #11
Octo Mother Superior
Posts:42,606 Threads:1,469 Joined:Feb 2011
Yeah we played navy seals 15.gif
03-31-2011, 08:05 PM #12
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,279 Threads:1,438 Joined:Feb 2011
I don't know how to break this to you Octo, but...

well honey, I don't think I want to play navy seals ever again. drinking.gif

wonder.gif
03-31-2011, 08:07 PM #13
Octo Mother Superior
Posts:42,606 Threads:1,469 Joined:Feb 2011
not even...on WEED? scream.gif
03-31-2011, 08:13 PM #14
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
damned.gifrofl.gifrofl.gifrofl.gif
03-31-2011, 08:24 PM #15
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,279 Threads:1,438 Joined:Feb 2011
rofl.gif lol.gif

wonder.gif



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