Well, we’ve known this was coming. This would be funny were it not for the millions of souls who will suffer needlessly because of the massive stupidity of leftarded statists who know nothing of economics.
All is not lost, though. Japan is very instructive and a vision of our future.
Japan Falls into Surprise Recession
Surprise? Surprise for who?
Japan’s economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election two years before he has to go to the polls.
The recession comes nearly two years after Abe returned to power promising to revive the economy with , spending and reforms, and is unwelcome news for an already shaky global economy.
had been , but consumption and exports remained weak, saddling companies with huge inventories to work off.
Abe had said…
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The Delinquent Teenager
Climate Ponderings 