The Current Deflationary Economic Depression in Japan

The 10-year long economic depoession in Japan,coupled with deflation in recent years,has developed a deflationary economic depression.The deflation with a sign of general and continuing drop is getting worse and worse in Japan and the control of it is quite difficult.The Japanese economic depression is worsening which displays serious recession,weak rise,and high unemployment against the economic cycle,deteriorating situation of business operation,serious bankruptcy,and sharp drop in stock market and real estate.There are multi_tier vicious cycles between deflation and economic depression,mainly including deflation and low consumption,deflation and worse unemployment,deflation and difficult position of firms,deflation and budget crisis.