this post was submitted on 15 Feb 2024
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Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession (www.bloomberg.com)
submitted 9 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] Tankiedesantski@hexbear.net 15 points 9 months ago (1 children)

But the Japanese stock market is at record highs, which really goes to show how accurately reflective of the economy the stock market is.

[–] Hello_Kitty_enjoyer@hexbear.net 6 points 9 months ago* (last edited 9 months ago) (1 children)

is it at record highs in Yen, or in USD

[–] Tankiedesantski@hexbear.net 6 points 9 months ago (1 children)

Yen. They don't dare talk about how the cheap yen is causing American companies and individuals to go on a buying spree because... Reasons.

[–] Hello_Kitty_enjoyer@hexbear.net 4 points 9 months ago

lmao, even their logic is American

it's like when the frothing hordes of redditors try to blame India and China for global warming