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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 1 year ago

Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession

www.bloomberg.com

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Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession

www.bloomberg.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 1 year ago
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Japan’s economy unexpectedly slipped into recession after shrinking for a second quarter due to anemic domestic demand, prompting some central bank watchers to push back bets on when the nation’s negative interest rate policy will end.
  • SILLY BEAN@lemmygrad.ml
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    1 year ago

    saw that on tv here in germany, was so funny to watch then pretend that this means our econemy is going well

    • the_post_of_tom_joad [any, any]@hexbear.net
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      1 year ago

      ecEnemy kinda has a good ring to it friend, might need a bit more work but thanks for the idea

      • SILLY BEAN@lemmygrad.ml
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        1 year ago

        that was just dsylexia lmfao

    • Drstrange2love@lemmygrad.ml
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      1 year ago

      Without realizing that it’s them tomorrow in that same headline

    • Aria@lemmygrad.ml
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      1 year ago

      What was that conversation like? Did they just not say anything or make arguments?

      • RuthlessCriticism [comrade/them]@hexbear.net
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        1 year ago

        “Germany has become the 3rd largest economy in the world.”

        • cfgaussian@lemmygrad.ml
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          1 year ago

          What a joke. Germany has already been overtaken by Russia in PPP terms, just like China has already overtaken the US. Germany is entering the most catastrophic economic decline of its entire post WW2 history. And it’s all either self-inflicted or directly caused by its own ostensible “allies”.

          • RuthlessCriticism [comrade/them]@hexbear.net
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            1 year ago

            Yep. They are mainlining copium in Deutchland.

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