In his "Daily Notes on the Global Economy," Carl B. Weinberg of High Frequency Economics notes Japan's drop in exports last month -- down 45.7 percent from the previous January. The bold and italics are his:

We have never seen anything like this in a major developed market economy.

Weinberg goes on to write that without a quick turnaround, half the Japanese jobs involved in making goods for export are at risk.

categories: Asia's Financial Crisis

12:07 - February 25, 2009

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