Japan’s Economy Near Record Postwar Economic Expansion

Jon Government

As the developed world struggles with sluggish economic growth, inflation, and almost nonexistent wage growth, the one country that has defied all expectations is Japan, as Postwar economic expansion numbers are near a record despite all the troubles facing the country.
After several decades of stagnation, this year Japan’s economy finally looks as if it’s starting to reach escape velocity.
Japan’s Economy Near Record Postwar Economic Expansion
According to the government’s definition of growth Japan’s economy has been in an expansionary cycle since December 2012, and analysts now believe that the country’s economy will go on to match the second longest postwar economic expansion this year. In the late 1960s, Japan’s economy expanded for 57 months straight, the second longest postwar economic expansion on record.

This post was published at FinancialSense on ValueWalk/ 08/30/2017.