Japan's industrial production tumbles in May

National Jun. 30, 2012 - 03:48PM JST ( 10 )

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10 Comments

3

basroilJun. 30, 2012 - 04:58PM JST

Hate to beat a dead horse, but we'll be seeing more of these numbers even if the global economy improves. Companies have already told the government that they can't work here if they have the world's highest corporate taxes, expensive electricity, and soon electricity shortages.
0

walteryJun. 30, 2012 - 08:23PM JST

The collapse
2

Green PandaJul. 01, 2012 - 12:51AM JST

Japan's worst enemy is The Yen.
3

Skeeter27Jul. 01, 2012 - 01:01AM JST

The new added sales tax will not help too! With things costing more people will pass on buying NEW cars and such things.
0

JTDanManJul. 01, 2012 - 02:10AM JST

Japan's decades-long slide into mediocrity continues.

If Japan continues along this path, she will end up in ranks of third-rate powers like Italy and Australia.
-1

noriyosan73Jul. 01, 2012 - 07:48AM JST

Just wait until the rolling black outs happens. The best decision for any company is to by a diesel generator system for use when this or any other electrical shortage happens.
-2

Bob SneiderJul. 01, 2012 - 10:11AM JST

If Japan continues along this path, she will end up in ranks of third-rate powers like Italy and Australia.

It's no longer a matter of "if", but "when" it will happen
-1

JapanGalJul. 01, 2012 - 01:53PM JST

please raise the sales tax to 25% @ Noda the liar
1

JTDanManJul. 01, 2012 - 03:48PM JST

Bob

Though I am strongly inclined to adopt such a pessimistic appraisal of Japan's capacity to find a way out of its now multi-generational institutional paralysis and malaise, my read of Japan's history cautions me.

This is a remarkable nation. A remarkable people.
0

JimizoJul. 01, 2012 - 06:09PM JST

Australia a third rate power? Given its population it seems to punch above its weight. I think you also need to look at Australia's economic performance in recent years. Japan's economy has flatlined - Australia is one of the few developed economies seeing year on year growth. Give me a 'third rate power' with a decent economy anyday!