This page has been archived and commenting is disabled.

31st Japanese Trade Deficit In A Row, Longest Stretch In 60 Years

Tyler Durden's picture




 

With seasonal adjustments wreaking havoc on the data, Japanese imports (collapsed 9% YoY) and exports (soared 17% YoY), leaving Japan with a trillion-yen deficit. This is the 31st month in a row... the longest stretch since 1954...

 

Japanese Trade Balance...

 

*  *  *

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 02/18/2015 - 21:15 | 5801498 LetThemEatRand
LetThemEatRand's picture

Typical ZH, looking at the short term.  Where's the 100 year chart?

 

Wed, 02/18/2015 - 21:17 | 5801507 kowalli
kowalli's picture

Yes, typical ZH... but i bet things will go even worse - too 1800...

Wed, 02/18/2015 - 21:43 | 5801598 philipat
philipat's picture

"Japanese imports (collapsed 9% YoY) and exports (soared 17% YoY)"

So should that not result in an improvement in the trade defecit??

Wed, 02/18/2015 - 21:51 | 5801626 kowalli
kowalli's picture

First "With seasonal adjustments"

Second " it is negative" not raise or fall

Third " its YOY"  -year to year, it's mean collapsed to previous year, there aren't any numbers..

Wed, 02/18/2015 - 21:43 | 5801600 angel_of_joy
angel_of_joy's picture

The 100 years chart is irrelevant. Modern Japan is postwar Japan, i.e. ever since it has adopted the US monetary theory and policy.

Wed, 02/18/2015 - 22:10 | 5801690 LetThemEatRand
LetThemEatRand's picture

Sarcasm is more of an art than a science.  I'm no expert in art or science.

Wed, 02/18/2015 - 22:17 | 5801722 Harbanger
Harbanger's picture

Sarcasm takes wit.  Wanna play?

Wed, 02/18/2015 - 22:30 | 5801770 Harbanger
Harbanger's picture

Come on, Jack's a lonely boy without Jill.

Wed, 02/18/2015 - 21:16 | 5801504 Carpenter1
Carpenter1's picture

Time to fire up the war drums. 

Wed, 02/18/2015 - 21:21 | 5801522 Its_the_economy...
Its_the_economy_stupid's picture

how many is the longest USA streak?

 

They are turning USA, USA, USA.......

Wed, 02/18/2015 - 23:12 | 5801923 Hohum
Hohum's picture

I think last surplus month was March 1992.  Last year something like 1981-82.

Wed, 02/18/2015 - 23:52 | 5802069 Spitzer
Spitzer's picture

Fuck no man..

 

You have trade def and govt deficit mixed up. The US hasn't had a positive trade balance since the Ford administartion. I am dead serious.

Thu, 02/19/2015 - 01:04 | 5802254 TheRideNeverEnds
TheRideNeverEnds's picture

That figure must not include the export of war and war related derrivatives like death and suffering.  Surely it doesn't include the export of debt and inflation....  What else DOES the US export?  Do jobs count?

Thu, 02/19/2015 - 08:55 | 5802817 Rollo57
Rollo57's picture

The UK haven't had a 'positive' deficit in 31 years, 1983/4 was last one!

Wed, 02/18/2015 - 21:25 | 5801536 candyman
candyman's picture

I thougt a trade deficit is when imports exceed exports, just the reverse.

Wed, 02/18/2015 - 21:26 | 5801537 candyman
candyman's picture

I thougt a trade deficit is when imports exceed exports, just the reverse.

Wed, 02/18/2015 - 21:34 | 5801570 Wahooo
Wahooo's picture

Must be the new world order working.

Wed, 02/18/2015 - 21:33 | 5801563 NoWayJose
NoWayJose's picture

In 1954 Japan was re-building from a nuclear nightmare and a wave of destruction....  wait now....  history does rhyme...

Wed, 02/18/2015 - 22:02 | 5801653 ArtOfLife
ArtOfLife's picture

Trade deficit means other countries import goods and services for japanese toiletpaper right? Why is that a bad thing again?

Wed, 02/18/2015 - 23:46 | 5802051 Spitzer
Spitzer's picture

Its hard to believe that this is physically or mathematically possible. Tic tic tic

Wed, 02/18/2015 - 22:15 | 5801717 kchrisc
kchrisc's picture

I sure hope the Chinese are over the Manchurian "incident."

For the sake of the Japanese.

The banksters need to repay us.

Wed, 02/18/2015 - 22:20 | 5801728 hooligan2009
hooligan2009's picture

and that's with a halving of the oil price?

wtf!!!

i think the japan bug just found its windshield.

now what happens if it sells its 2 trillion in treasuries to fund its trade deficit?

never mind though, as long as the BoJ can print quadrillions of worthless yen and buy equities in the US and Europe that stand some chance of paying dividends, Japan can't lose!

it doesn't matter if the people living in Japan have a natural half life of a sigma bonded pair of electrons (and....its gone!) ..its my grandma and your grandma sitting round the fire, my grandma said to your grandma gonna print our currency higher......errr lower...errr..ok..we will move it in any direction that keeps central bankers in a job that makes them relevant to other maggots feeding on the carcass of a failed financial system

:) just saying

Wed, 02/18/2015 - 23:50 | 5802064 Spitzer
Spitzer's picture

The Japanese will resort to cannibalism before they sell any UST's.

Whatever experiment the CIA did with the Japanese after the war was a good one.

Wed, 02/18/2015 - 22:47 | 5801827 That_shits_broken
That_shits_broken's picture

Get to work Mr. Bullard!

Thu, 02/19/2015 - 06:05 | 5802542 Al Tinfoil
Al Tinfoil's picture

From your local MSM:  "Japan On Continuing Trade Streak.  Sets New 60-year Record!"

Do NOT follow this link or you will be banned from the site!