NATO's fall? Japan economy likely to shrink further!
-From DR. ABDUL RUFF
[Dr. Abdul Ruff, Specialist on State Terrorism ;Chancellor-Founder of Centor for International Affairs(CIA); Commentator on world affairs, Analyst on Middle East, Chronicler of Foreign occupations & Freedom movements (Palestine, Kashmir, Iraq, Afghanistan, Pakistan, Xinjiang, Chechnya, etc.) Former university Teacher; website: abdulruff.wordpress.com/mail: firstname.lastname@example.org
[Above all, two more important issues are also directly responsible for the economic decline of Japan. One: Japan continue sot be a part of NATO terror syndicate occupying Muslim nations and sharing the terror guilt for killing millions of innocent Muslims. Two: People of Japan are being terrorized by the state with a perpetual threat to their life by imposing nuclear terror plants. The state nuclear terror instinct is ridiculous because it refuses to sympathize with the fate of the people who lost their lives and permanently invalid on account of atomic attacks and Fakushima nuclear disaster].
Economy of Japan, the world's third-largest, has been trying to recover from last year's earthquake and tsunami, which caused widespread destruction in the country. Japan is already in recession as economic data deteriorated sharply from September 2012. Its economic position is fast deteriorating both on exports and domestic front.
However, its recovery has been hampered by a combination of factors. A slowdown in key markets such as the US and euro-zone has hurt demand for its exports, one of the biggest drivers of its growth. Slowing growth and anti-Japan protests in China - Japan's biggest trading partner - have further impacted its export sector. To add to its woes, the debt crisis in the eurozone and weak recovery in the US has seen many investors flock to safe-haven assets such as the yen, resulting in the Japanese currency strengthening against the US dollar and the euro. The yen has risen 5% against the US dollar since March this year and 8.5% against the euro during that period. That makes Japanese goods more expensive for American and European consumers, hurting the earnings of the country's exporters.
Japan's economy contracted in the July to September quarter, as a global economic slowdown and anti-Japan protests in China hurt its exports, while domestic consumption remained subdued. Gross domestic product (GDP) contracted 3.5% from a year earlier. Compared with the previous three months, the economy contracted 0.9%. The weak data is likely to put pressure on the government to boost stimulus measures to spur growth.
There are risks from both domestic and external factors for the economic fall. The decline in exports seems large. Consumption and capital expenditure were also weak, showing that both external and domestic demands are also weak. Further, attempts by policymakers to boost domestic demand have had little effect. Private consumption fell 0.5% in the July to September quarter, from the previous three months. As such, the Bank of Japan (BOJ) will stand ready to ease monetary policy again, and it would not surprise me if the BOJ eased again by the end of this year.
Above all, two more important issues are also directly responsible for the economic decline of Japan. One: Japan continue sot be a part of NATO terror syndicate occupying Muslim nations and sharing the terror guilt for killing millions of innocent Muslims.
People of Japan are being terrorized by the state with a perpetual threat to their life by imposing nuclear terror plants. The state nuclear terror instinct is ridiculous because it refuses to sympathize with the fate of the people who lost their lives and permanently invalid on account of atomic attacks and Fakushima nuclear disaster.
Given the emerging negative factors the Japan economy was likely to shrink further in the current quarter and enter a technical recession.
Of course, it is not just Japan that in economic decline, but also all other major shareholders of notorious NATO like the USA and Europe. Americans are eager to somehow save their resources by using G20. Collective military might is still working in their favor for the time being.
د. عبد راف
Global media today, even in Muslim nations, are controlled by CIA & other anti-Islamic agencies. Regimes often resort to state terrorism.Terrorism is caused by anti-Islamic forces. Fake democracies like USA, Israel and India have zero-tolerance to any criticism of their anti-Muslim and other aggressive practices. Anti-Muslimism and anti-Islamism are more dangerous than "terrorism" Anti-Islamic forces & terrorists are using criminal elements for terrorizing the world and they in disguise are harming genuine interests of ordinary Muslims like me.