Japanese industrial production crashes most since 2011 tsunami

20160329_JAPIP_0

http://www.zerohedge.com/news/2016-03-29/japanese-industrial-production-crashes-most-2011-tsunami

While we are sure this will not deter Japanese officialdom from declaring that QQE and NIRP is working and that the deflation-mindset is being beaten, the fact is that when February’s 6.2% collapse in Japanese industrial production is compared to the devastatingly poor plunge after March 2011’s quake, tsunami, and nuclear ‘event’, something has gone disastrously wrong in Japan.

Across every sub-sector, it was a total disaster..

———–

shhh..dont tell anybody..

world growth this year will be 3.5% blah blah blah..

401

~ by seeker401 on March 31, 2016.

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