Japan's economy predicted to shrink 0.4% in fiscal 2011
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some14some
from minus 0.4% in 2011 to plus 2.0% in 2012? i shall be pleased if it just comes out from negative zone.
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cactusJack
"expected growth of 2% in fiscal 2012"....and where is this growth going to come from? With rising power rates and higher taxes coming and who knows what else....take off the rose colored glasses already.
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herefornow
So much for the rosy predictions that the economy there would bounce back on the rebuilding efforts in Tohoku. Face it folks, Japan is back in recession and that 2% growth in 2012 is just wishful thinking.
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