Japan Today
business

Japan's factory output, retail sales slump in March

8 Comments
By Daniel Leussink

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Thomson Reuters 2020.

©2024 GPlusMedia Inc.

8 Comments
Login to comment

Personally, I feel this a good thing. There will always be winners and losers in Capitalistic societies.

0 ( +0 / -0 )

Quite naturally expected. A recession is as deadly as the virus. The rise in unemployment rate by 1 % is believed to drive over 2,500 suicides (sorry, the source is currently missing..).

I opt for partial and targeted reopening. I'm aware of risks, willing to accept them personally. I just don't like hypocrisy. Some people always complain about overall hardship from inconvenient life, shrinking household economy, threatened employment, curtailed privacy, isolation from neighbors and loved ones, depressive moods, etc. although at the very same time they keep requesting a tighter public control by officials. They are unreasonable, inconsistent, and irresponsible. Cannot keep and eat a cake simultaneously.

-1 ( +0 / -1 )

Japanese economy may not recover the manufacturing-export economy after the recession. Those jobs will be offshored to India and Vietnam at this rate. The sole, apparent option for Japanese economy may be a tourism, service economy. This is something Abe has bee pushing via the Olympics.

0 ( +1 / -1 )

The sole, apparent option for Japanese economy may be a tourism, service economy. This is something Abe has bee pushing via the Olympics.

LOL I guess that is why ABE just dropped 2 billion USD to bring plants back to Japan.

0 ( +0 / -0 )

I opt for partial and targeted reopening. I'm aware of risks, willing to accept them personally.

That's fine as long as everyone knows what they're getting into

And no whining if one ends up in the hospital when a lot of other people are sick there too:

No complaining that the line is long, not getting the treatment you expected, your bed is in the hallway instead of inside a room, that the doctors and nurses aren't getting to you fast enough, that there's not enough doctors and nurses, that there's not enough workers to attend to your pain, that your loved ones cannot visit you, etc.

Everyone knows the risks................ and the suffering if one gets infected

0 ( +0 / -0 )

There is only one way to help factories, producers retailers, DOWN THE YEN, this is the 3rd time, I am saying this. What are japanese economists and bankers thinking ???.

0 ( +0 / -0 )

Everyone knows the risks................ and the suffering if one gets infected

At least in Japan the vast majority of "everyone" are not infected at all, 80 % of the rest get through into recovery without symptoms. Yes, there exist vulnerable groups of people (elderly, chronic diseases) and I suggest giving extra caution to them with healthcare resources.

And no whining if one ends up in the hospital when a lot of other people are sick there too:

Fear-mongering descriptions bear no fruit. Valid data & analysis show a real picture.

0 ( +0 / -0 )

"The sole, apparent option for Japanese economy may be a tourism, service economy."

Services ALREADY represent 69.3% of Japan's GDP.

Are you for real?

"The service sector accounts for 69.3% of GDP and employs 72.2% of the workforce. Major services in Japan include banking, insurance, retailing, transportation and telecommunications."

"https://www.nordeatrade.com/en/explore-new-market/japan/economical-context"

Tourism: 6.7% of GDP (latest available figures; falling as a % of GDP)

Do you know any major country that relies on tourism?

Jeeeezus!!!!

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites