business

Japan's economy to shrink 4.7% in 2020/21: BOJ

5 Comments
By CHARLY TRIBALLEAU

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5 Comments
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The more I stay here the more depressed I get...

1 ( +2 / -1 )

The more I stay here the more depressed I get...

It is bad, but it's not as bad as most other places. Students graduating have been having job offers withdrawn though and it'll affect them badly, maybe even like the lost generation of the nineties

0 ( +1 / -1 )

The early 90s sucked and the 2020s are shaping up to be the same.

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A 5% contraction in economic activity actually looks like a positive result, to me. I was thinking it'd be more like a 10% contraction.

Maybe Abenomics was working after all!!

0 ( +1 / -1 )

Japan has seen a 99.9% drop in international tourism; hence the drop in demand for f2f services.

-1 ( +0 / -1 )

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