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Japanese Consumer Sentiment Slumps - Biggest 6-Month Drop Since 2007

Tyler Durden's picture




 

Japanese consumer sentiment tumbled once again in the last quarter of 2013. The BoJ survey - released quarterly - showed the second consecutive drop in both current conditions and the outlook. This is the largest two-quarter collapse in the outlook for the Japanese consumer since 2007 as it appears the initial exuberance of Abenomics is collapsing as fast as Abe's approval ratings. We fear, perhaps, this loss of belief (which can surely only set back his hopes for firms to raise wages) is merely stoking his nationalist militarist persuasion - as indicated by his move last night.

 

 

This is the lowest print since Abenomics was unveiled...

Data: Bloomberg

 

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Thu, 01/09/2014 - 14:25 | 4316096 Headbanger
Headbanger's picture

We turning Japanese!

Thu, 01/09/2014 - 14:50 | 4316178 wisehiney
wisehiney's picture

I really think so.

Thu, 01/09/2014 - 15:35 | 4316353 Manthong
Manthong's picture

Cheer up! Buy JGB's.

Thu, 01/09/2014 - 14:28 | 4316100 dobermangang
dobermangang's picture

I think the only things they are buying is potassium iodide and geiger counters.

Thu, 01/09/2014 - 14:47 | 4316169 Save_America1st
Save_America1st's picture

Ha!  exactly what I was going to "quip" while reading the article...ya beat me to it.  Maybe I'll add that they buy a lot of adult diapers too! LOL

http://www.telegraph.co.uk/news/worldnews/asia/japan/10180069/Adult-diapers-to-outsell-baby-nappies-by-end-of-decade-in-Japan.html

I think Japanese are collectively shitting themselves right about now.

 

Thu, 01/09/2014 - 14:45 | 4316155 Colonel Klink
Colonel Klink's picture

Give it a little more time, it'll come back glowing.

Thu, 01/09/2014 - 15:05 | 4316237 suteibu
suteibu's picture

Turns out the animal spirits produced by Abenomics have three eyes.

Thu, 01/09/2014 - 15:25 | 4316300 Colonel Klink
Colonel Klink's picture

Yeah but how many tentacles?

Thu, 01/09/2014 - 14:51 | 4316185 vote_libertaria...
vote_libertarian_party's picture

uhhhhh.....better than expected????

 

Yeahhhhh, that's the ticket

Thu, 01/09/2014 - 14:55 | 4316200 Dr. Engali
Dr. Engali's picture

Maybe they've come to realize that Abenomics is only going to make their radition treatments even moar expensive.

Thu, 01/09/2014 - 14:57 | 4316211 earnyermoney
earnyermoney's picture

Japanese using "adhesive tape" on radioactive leaks at Fukushima.

 

http://rt.com/news/fukushima-decontamination-system-stops-352/

Thu, 01/09/2014 - 15:08 | 4316241 Dr. Engali
Dr. Engali's picture

It's obvious that their adhesive tape wasn't Duct tape, because duct tape fixes everything.

Thu, 01/09/2014 - 15:16 | 4316254 Save_America1st
Save_America1st's picture

yep...you just can't make that shit up.  You can tell they really care...

Wanna really see how much those little scumbags care?  Go to STARTPAGE.COM (we don't use the Goog anymore) and paste this in the search bar:  japanese using homeless people to clean up fukushima

Yeah, that's right...those dirty little TEPCO fuckers and their mofia pals are stealing all the cleanup money and using homeless people to clean up the radioactive mess.  How fucked up is that? 

North America and the Pacific Ocean are going to be bombarded with high level radiation for several decades to come because of this catastrophe.

I mentioned earlier that the Japanese are collectively shitting themselves right now...but I think North America is going to be knee deep in our own pooh the longer this goes on and people continue to wake up to the realization that they're all trapped just as badly as the Japanese within this non-stop flow of deadly radiation. 

What doesn't get us through the Pacific Ocean will get us through the atmosphere and the jet stream bringing everything spewing out of Fukushima right to our doorsteps. 

And now this!  Plant Decontamination System Shuts Down Amid Failure

From Steve Quayle's site:  6.0 Mag earthquake has hit Fukushima...maybe that's what caused the decon system to fail???

http://ytchannelembed.com/video.php?id=4xGPYlU6XSc#.Us71D7SUdqU

Edit:  the USGS has downgraded the quake to a 5.0 Mag.  Hmmmm...to me, that just says it must be almost a 7.0.  We know they're all lying mother fuckers.

 

 

 

Thu, 01/09/2014 - 15:04 | 4316232 williambanzai7
williambanzai7's picture

It is so bad that young hermit men have stopped purchasing used panties from AV idols.

Thu, 01/09/2014 - 15:05 | 4316235 janus
janus's picture

okay, gentlemen, wanna see me play carnack-janus-el-magnifico?  of course you do.

 https://www.youtube.com/watch?v=9m_dT0wsrGI

{janus -- all of a sudden -- is invested with some strange and affecting presence; as he settles into soothsayer mode, the far-off stare of a thousand sages and seerers loiter about his aura, as if to cloud his mien with the heavy burden of the prophet.  but, all the same, it's probably best you didn't see it, as the haunt of its spooky authenticity would surely curdle the innards of the very best and boldest among you}

the envelope, please: (drumroll)

"north korea, silver platter, united pennisula...to seoul, with the fuzziest and snuggliest of fraternal regards, china"

{janus now reads envelope's contents}

"what is already in the works to secure china's strategic certainty before the whole japan/india/china thing goes super-nova?"

https://www.youtube.com/watch?v=gq3mBIyfzks

i'm lookin for somethin else to see,

janus

 

Thu, 01/09/2014 - 15:48 | 4316443 wisehiney
wisehiney's picture

Is that the ghost of Duane Allman on that zither?

Thu, 01/09/2014 - 18:26 | 4317192 janus
janus's picture

almost exactly...except at this particular time he was studyin over the strange fate of elizabeth reed:

https://www.youtube.com/watch?v=LJi3L1TsSVw

it was a productive enterprise...to say the least.

Thu, 01/09/2014 - 19:37 | 4317396 wisehiney
wisehiney's picture

Meet me there this summer and party's on me.

http://www.findagrave.com/cgi-bin/fg.cgi?GRid=1473&page=gr

Duane and Berry are close by. And more.

Thu, 01/09/2014 - 15:56 | 4316494 Duude
Duude's picture

Japanese don't care about domestic consumer sentiment. Their economic strategy is based on growing their exports. 

Fri, 01/10/2014 - 11:44 | 4319455 Martel
Martel's picture

Their economic strategy is based on growing their exports.

That's so pre-Abe. Abe's economic strategy is based on debasing the yen, going full Anal Monkey on the bondholders, and minimizing exports to China. Genius!!!

Thu, 01/09/2014 - 17:07 | 4316899 Smegley Wanxalot
Smegley Wanxalot's picture

No sex, no consumption, no fun.

Good time for a WOAR!

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