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sneezy67
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>Another Monday, Another Batch Of Brutal Numbers - John Rubino - Dollar Collapse
Yup ...Japan was a hot number 20-30 (?) years ago. Buying prime property here in the states , acquiring major manufacturing, innovative in auto manufacturing, bright young talent in the electronic field and the properties in Japan shot to the moon. Now it appears that major wrinkles have formed and the body is heavily sagging. Now it appears that her vengeance is showing spitting out Fukushima upon us whether by accident or by design of her and others. After all Japan could have just been pimping for major players. Sort of reminds me of Bob Dylan's " Rolling Stone"

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Beginning of the headline :The global recovery meme got another series of jolts this morning, as pretty much everything suprised on the downside. In no particular order: Japan economy shrinks in second quarter in setback for 'Abenomics' China's economic slowdown and its impact on its Asian neighbors has also heightened the chance that any rebound in growth in July-September will be modest, analysts say. The gloomy data adds to signs that Japan's economy is at a standstill and heightens pressur... Read More
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