H/t reader M.G.:
“A WSJ article about the contracting economy in Japan. It addresses everything but the truth………how can these writer lie so?
How do they keep their jobs? Or, perhaps this is how they do keep their jobs, lie…….”
Yes, they have to lie all of time to keep their jobs. Maybe I should better say that the truth is getting edited out all of the time and those journalists that don’t like it that way and do something about it can look for another job (other than being a journalist, because no other paper will employ them ever again).
This is a fact and has been exposed by many journalists from all around the world.
Were it not for Fukushima, Shinzo Abe would be destroying Japan single-handedly.
Japan is totally finished on so many levels it’s hard to believe.
- Japan’s Economy Contracts Sharply (Wall Street Journal, Aug 12, 2014):
Households Cut Spending After Sales-Tax Increase in April
TOKYO—Japan’s economy contracted sharply in the second quarter after a sales-tax increase in April sent household spending tumbling, which economists said could pressure the government to take additional stimulus measures.
Real gross domestic product, the total value of all goods and services produced in the economy, shrank 6.8% in the three months through June on an annualized basis from the prior quarter. Continue reading »