Japan reports record $78.3 B trade deficit in 2012, as fuel imports jump, exports to China sag
There are 2 comments on the The Washington Post story from Jan 23, 2013, titled Japan reports record $78.3 B trade deficit in 2012, as fuel imports jump, exports to China sag. In it, The Washington Post reports that:Japan's trade deficit in 2012 rose to a record 6.93 trillion yen , as fuel imports surged and a bitter territorial dispute with China hammered its exports.
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#1 Jan 23, 2013
a sign japanese is getting poor and poor.
they have been doing exactly what fed is doing, the central bank of japan is buying assets from the market to provide cash in their finance system.
it just shows japanese companys is all bankrupted.
combined with japan's gov. debts of 230% gdp, even without a war, will make them all losers.
#4 Jan 26, 2013
I have dealt with many Japanese, Chinese, Vietnamese, Korean and Filipino people and noticed that they look about the same. Other than being from a differnt country and speaking a slightly differnt language they appear to be about the same.
It is true the trade deficit that Japan has with the world is horrendous. It just means that Japan will buy less stuff from the rest of the world and everything will be ok. It is very possible that Japan economically will become like Vietnam or Philippines.
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