Wed 21 Dec, 2011 02:20 am
Nov Exports are down 5% an imports are up 11.5% year over year, plus major manufactures are making plans to get out of Japan fast. Given the humongous debt load of Japan are they now sunk?
Me thinks that time has run out, not only have they not over more than a decade dealt with the structural problems of the economy but they now have a natural disaster, a nuclear disaster, and a government that is lost the faith of the people. Stick a fork in Japan, they are done.
What say you?