Published on Zero Hedge (http://www.zerohedge.com)

Home > For The First Time Ever, Japan Enters A Quintuple-Dip Recession (Courtesy Of Abenomics)

For The First Time Ever, Japan Enters A Quintuple-Dip Recession (Courtesy Of Abenomics)

By Tyler Durden
Created 11/15/2015 - 18:55
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 11/15/2015 18:55 -0500



 

Because nothing says 'successful monetary policy' like 5 'technical' recessions in 5 years...

Japan 3Q GDP Falls Annualized 0.8% Q/q; Est. -0.2%

[5]

 

As if this was not bad enough, Japanese business spending dropped 1.3% QoQ - its worst drop since Q2 2014...

[6]

 

And finally - what is working...

[7]

 

Charts: Bloomberg

 

- advertisements -

Source URL: http://www.zerohedge.com/news/2015-11-15/first-time-ever-japan-enters-quintuple-dip-recession-courtesy-abenomics

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/12432
[3] http://www.zerohedge.com/taxonomy_vtn/term/8436
[4] http://www.zerohedge.com/taxonomy_vtn/term/10912
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/11-overflow/20151115_JAPGDP.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/11-overflow/20151115_JAPGDP1.jpg
[7] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/11-overflow/20151115_JAPGDP2.jpg