Japan’s industrial output posts biggest ever fall..this is what we were warned of

http://www.bbc.co.uk/news/13218449

Japan’s industrial output fell by record levels in March as disruptions in the supply chain continued to hit production.

Factory output fell by 15.3%, the biggest ever decline in production in the country.

The previous record was an 8.6% fall in February 2009 in the wake of the global financial crisis.

Japanese manufacturers have been hit by a shortage of parts in the aftermath of last month’s earthquake and tsunami.

There has also been a shortfall in electricity supply in some parts due to the damage caused to power stations by the quake and tsunami.

The combination of those two factors has resulted in production being suspended or curbed at factories of some of Japan’s biggest manufacturers.

Analysts say the situation is unlikely to return to normal any time soon.

———-

if you think back to the ruppert video..this is exactly what he was saying..and here is the proof..

401

Advertisement

~ by seeker401 on April 29, 2011.