For The First Time Ever, Japan Enters A Quintuple-Dip Recession (Courtesy Of Abenomics)

From Zero Hedge:

For The First Time Ever, Japan Enters A Quintuple-Dip Recession (Courtesy Of Abenomics)

Because nothing says 'successful monetary policy' like 5 'technical' recessions in 5 years...
Japan 3Q GDP Falls Annualized 0.8% Q/q; Est. -0.2%


As if this was not bad enough, Japanese business spending dropped 1.3% QoQ - its worst drop since Q2 2014...

And finally - what is working...


Charts: Bloomberg

http://www.zerohedge.com/news/2015-11-15/first-time-ever-japan-enters-quintuple-dip-recession-courtesy-abenomics