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Japan crawls out of recession with growth slower than expected. How convincing is japans exit from recession . A lot of economists saying that this is a disappointing figure and yet it shows a slight improvement. It shows a slight improvement, but in many ways, what this number is about is the evils of raising taxes in a deflationary environment. Most economists would agree that raising sale taxes in april of last year was a poorly timed move. In many ways, consumer demand has never quite recovered. When you look at the enthusiasm toward abenomics, you dont see a lot of it here in japan. A lot of it is investors overseas who are looking at the different plans the Prime Minister has put together. When you talk to households here, Corporate Executives there is a lot of concern about economic headwinds that are increasing, not decreasing. In many ways, this economic number is not terrible news, but it is a reminder that japan is limping out of recession at best. How much progress are we s

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