“In other words, Japan may now be in a technically defined recession.”
“Our lives a series of defining moments,
strung together by passing time.
Surrender fully to this moment,
because it is not the moment itself that defines us,
but how we choose to live in it.”
“The chances of Japan going into another recession are more than 50 percent within this year.”
“To apply the Western standard of recession is not appropriate in Japan.”
“The growing perception is that Japan is falling back into a dark hole of recession again.”
Carl B. Weinberg
“Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.”
“This in some terms has been one of the mildest recessions on record, ... but it has been a severe recession by business standards and by the standards of the industrial sector.”
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