Japanese Economy Collapses: Q1 GDP Drops At Double Consensus Rate, Epic Nominal Plunge Of -5.2%

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Wed, 05/18/2011 - 21:16 | 1289793 CPL
CPL's picture

There she is.  The most glorious of the black swans, followed by the four horsemen right behind it.

Wed, 05/18/2011 - 21:17 | 1289812 anynonmous
anynonmous's picture

which is why the nikk is +

Thu, 05/19/2011 - 01:59 | 1290459 Ahmeexnal
Ahmeexnal's picture

Japan, the new Thailand.

Wed, 05/18/2011 - 21:27 | 1289841 Long-John-Silver
Long-John-Silver's picture

Is this the same Black Swan that DSK raped?

Wed, 05/18/2011 - 21:27 | 1289858 Caviar Emptor
Caviar Emptor's picture

In Japan they call it The DSK double dip. 

Wed, 05/18/2011 - 21:28 | 1289860 Caviar Emptor
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Wed, 05/18/2011 - 22:26 | 1290064 Problem Is
Problem Is's picture

"followed by the four horsemen right behind it."

  1. The Bernank...
  2. Wanker Timmay Jeethner...
  3. Boner Strauss-Kahn...
  4. Obama Bin Lyin'...

Those are four dumb fuckers who could trigger an apocalypse...

Wed, 05/18/2011 - 22:49 | 1290139 MsCreant
MsCreant's picture

Bone-her Strauss-Kahn

Fixed that one for you.

Thu, 05/19/2011 - 02:37 | 1290487 Michael
Michael's picture

The Schadenfreude derived from this nice get of an elitist scumbag has never been more pleasurable for me.

Schadenfreude, German word, is pleasure derived from the misfortunes of others.

When I think about how a lowly HIV Goy put an elitist Jew god in prison, well, makes me cum in my jeans.

Thu, 05/19/2011 - 03:08 | 1290519 Michael
Michael's picture

That is the most perfect video example of what Schadenfreude looks like I have ever seen in my entire life.

Thank You.

Thu, 05/19/2011 - 03:23 | 1290527 Herman Strandsc...
Herman Strandschnecke's picture

 But the joy is that you probably watched that clip for half an hour :)

Thu, 05/19/2011 - 04:25 | 1290545 Michael
Michael's picture

It was only 20 minutes of viewing pleasure for me while doing my fantasy dance. I'll catch up tomorrow on it some more. :)

Let me just add; it was a black female African immigrant who did that elitist aristocrat scumbag in for his own indiscretion. Trolololololol. :)

Thu, 05/19/2011 - 07:58 | 1290732 Hephasteus
Hephasteus's picture

The elite have become so intensely scummy that no amount of misfortune could produce pleasure in anyone. They have gone way past the point of tit for tat redemption. That's what happens when you double down on the I'm not fired you're fired. I'm not dead your dead once often.

Thu, 05/19/2011 - 03:27 | 1290528 Spirit Of Truth
Spirit Of Truth's picture

True art!

Someone should redo that video with a head shot of Bernanke superimposed over the singer's head and then have gobs of $$$ being thrown around the room as he walks about.

Thu, 05/19/2011 - 06:58 | 1290652 pan-the-ist
pan-the-ist's picture

That would ruin it.  How can you not smile and be happy while you watch trolololol?  Though indeed the Bernanke probably sings that as he dishes out the cash.

Wed, 05/18/2011 - 22:57 | 1290153 Jendrzejczyk
Jendrzejczyk's picture

...have triggered the apocalypse...

Wed, 05/18/2011 - 23:02 | 1290155 Jendrzejczyk
Jendrzejczyk's picture


Hoping things are improving for you.

(Double post save.)


Wed, 05/18/2011 - 23:47 | 1290293 DoChenRollingBearing
DoChenRollingBearing's picture

JIT issues from Japan have just affected a small bearing importer in Peru.  We thought we would get a vital piece, but no.

See comment #1290247 below thread.  Not good for us.

The Bearing thinks that JIT issues have merely JUST BEGUN.


JIT issues out of Japan could be a really bad surprise that few are contemplating...

And, yes, my heart also hurts that the people of a great nation were LIED TO and screwed by their .gov and TEPCO.

Wed, 05/18/2011 - 23:13 | 1290191 Teamtc321
Teamtc321's picture

Geithner: Another Meltdown is 'Certain' — Raising Taxes on the Wealthy Will Come

And he blamed a combination of timid politicians and credit card-debt-ridden Americans, rather than Wall Street and the big banks, for the financial woes that have beset the country over the past three years.


Thu, 05/19/2011 - 00:11 | 1290332 Widowmaker
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Q: Whats the difference between Tim Geithner and a bucket of shit?

A: The bucket. 

Thu, 05/19/2011 - 03:55 | 1290541 fajensen
fajensen's picture

... And Geitner holds more shit than the bucket!

Wed, 05/18/2011 - 23:36 | 1290250 three chord sloth
three chord sloth's picture

Hey... that's a good idea. Let's lend them to Japan! A trans-pacific gesture of friendship.

No, really Japan... we wouldn't mind letting you keep those guys for a while. We can suffer through without them for a year or two... or three. They'll get you humming along in no time!

Seriously, Japan... you can have them. It's the least we can do.

How about if we say "pretty please"...?

Thu, 05/19/2011 - 08:35 | 1290809 jus_lite_reading
jus_lite_reading's picture

That was funny. Now what bastards junked you for that? The Problem Is, me thinks we've got us some trolls about.

Thu, 05/19/2011 - 05:36 | 1290596 mophead
mophead's picture

We know what this means... RALLY!!!

Wed, 05/18/2011 - 21:17 | 1289796 lsbumblebee
lsbumblebee's picture

Yes but those numbers are better than expected.

Wed, 05/18/2011 - 22:13 | 1289995 Quixotic_Not
Quixotic_Not's picture

Wait for Bloomturd to print "unexpected" when they run their feel good spin on Japan's depression print!

Banana Ben is warming up the QE helo as we speak...

Wed, 05/18/2011 - 22:30 | 1290075 Problem Is
Problem Is's picture

The Bernank: "Quick Robin! To the Fed Copter!"

Timmay Jeethner: "Holy QE3 Fedman!"

Wed, 05/18/2011 - 21:18 | 1289798 Sisyphus
Sisyphus's picture

But let me guess, Nikkei is up, right?

Wed, 05/18/2011 - 23:42 | 1290276 Gordon Freeman
Gordon Freeman's picture

Of course!  This is all very, very bullish, doncha know?

Thu, 05/19/2011 - 03:59 | 1290546 EscapeKey
EscapeKey's picture

Predictably not covered by Marketwatch whatsoever.

And the Keynesian shills will now all state "all priced in", completely ignoring that they were all jumping with glee over the "expected strong growth" on the back of rebuilding, less than a week ago.

The report should be written by Fred Mishkin, and we'd be all complete.

/Sick & disgusted.

Wed, 05/18/2011 - 21:16 | 1289801 You Lie
You Lie's picture

No one could have predicted this?   What rock have you been hiding under?

Wed, 05/18/2011 - 21:35 | 1289888 Ray1968
Ray1968's picture

This might help you out:



Wed, 05/18/2011 - 21:48 | 1289940 You Lie
You Lie's picture

Bazinga!   Leonard is supposed to inform me of these things.

Wed, 05/18/2011 - 22:31 | 1290079 Re-Discovery
Re-Discovery's picture

umm . . I believe TD was being sarcastic  . . uh . . .yeah

Wed, 05/18/2011 - 21:19 | 1289803 urbanelf
urbanelf's picture

Look for the classic mushroom shaped recovery.

Wed, 05/18/2011 - 22:29 | 1290069 Cursive
Cursive's picture


Look for the classic mushroom shaped recovery.


Wed, 05/18/2011 - 21:19 | 1289806 GOSPLAN HERO
GOSPLAN HERO's picture

Total collapse!

Mega money printing now.

Wed, 05/18/2011 - 21:25 | 1289849 Fox Moulder
Fox Moulder's picture

QE3 bitchez

Wed, 05/18/2011 - 22:28 | 1290063 Quixotic_Not
Quixotic_Not's picture

Gonna need QE4 a month later with all the Treasuries the Japanese are going to be redeeming!

Lowry Lon!

Wed, 05/18/2011 - 21:26 | 1289851 Long-John-Silver
Long-John-Silver's picture

Lots of Jew confetti will be flying.

Thu, 05/19/2011 - 00:53 | 1290387 ElvisDog
ElvisDog's picture

And how exactly would money printing rebuild their electric grid?

Thu, 05/19/2011 - 04:38 | 1290574 Incubus
Incubus's picture

They don't need an electrical grid anymore.  They can just tap the radiant energy right out of their environment. 


Wed, 05/18/2011 - 21:17 | 1289807 sabra1
sabra1's picture

so, why are their stocks up? is there an ETF for radiation?

Wed, 05/18/2011 - 21:22 | 1289821 djsmps
djsmps's picture

Bank of Japan stimurus.

Wed, 05/18/2011 - 21:28 | 1289847 Caviar Emptor
Caviar Emptor's picture

The financial sector gets new cash while the economy is allowed to collapse, like in the US

Wed, 05/18/2011 - 21:28 | 1289848 Rynak
Rynak's picture

Thats not so different to radiation.

Wed, 05/18/2011 - 22:24 | 1290054 WonderDawg
WonderDawg's picture

Thanks, man. That was just the sort of understated zinger I needed for a good chuckle.

Wed, 05/18/2011 - 21:19 | 1289811 Rynak
Rynak's picture

but.....but..... they said...... how could a big earthquake, tsumami and nuclear disaster result in this? I don't understand anything anymore.


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