Japan’s economy unexpectedly slipped into recession after shrinking for a second quarter due to anemic domestic demand, prompting some central bank watchers to push back bets on when the nation’s negative interest rate policy will end.
  • ImplyingImplications@lemmy.ca
    0·
    9 months ago

    Yup! There’s a funny line in Economics.

    “There are 4 types of economies: Developed, Developing, Japan, and Argentina”

    Argentina is a country that acts like a developed economy, but isn’t. Japan is a country that acts like a developing economy, but isn’t.