Japan's GDP drops by a CATASTROPHIC 13%!!!!!

Random Ramblings
1

Here’s the link…

http://www.businessinsider.com/japan-gdp-drops-catastrophic-13-2009-2

Man…This is like watching a snowball rolling down a mountain side…Gets bigger and faster as it falls. (This is for the 4th quarter)

REMEMBER…The text book definition of a DEPRESSION is an ANNUAL GDP drop of 10% or more. That IS coming to the U.S. I have NO DOUBT in my mind.

The REAL SCARY part???

Imagine what the MEDIA does with THAT info??? If the talking heads can pull the definition of a depression off of google and see it’s a 10% drop, they’ll have a field day with that stat.

2

Yikes. I think Japan has been in a recession since 1990 or so. I don’t know how they keep going.