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


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