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Time To Look At Japan Trade Statistics: Japan Is In Same Trap We Are In

Japan trade deficit is both manufacturing and energy imports

Japan’s trade statistics are terrible, Japan is now wallowing in red in both government spending and trade just like the US.  The above graph’s red parts are energy trade deficits while the blue represents Japan’s imports from industrial nations, mostly China and the EU.  Japan cannot run on red ink forever and Fukushima is a huge budget hole that is destroying a large sector of Japan and menaces the entire population with future cancer rates going very high.  Japan’s economic problems perfectly mirror the US only with the added population decline problem making problems in the future.

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Filed under Free Trade