Another quarter of, er, 'negative economic growth' for Japan, then? And Japanese economists telling ABC journos, on the quiet, that they can't even begin to imagine a way out.
How would such a reluctant bunch of consumers, who stick huge government hand-outs under the mattress in times of zero interest rates and record low prices - and such an efficient bunch of producers, who produced 20% more cars last year than could sell, affect Wall St?
As even more appreciation, as Yen run away from their incapacity to produce returns in Japan?
Or as a potential bubble-burster, as Japanese industry reappropriates its resources to cover losses (as in the car industry) and mebbe tries to retool for something that someone might actually buy - or as the otherwise inevitably retrenched start calling in their nest-eggs?
Is Japan big enough, or vulnerable enough, to do either of these things?
Just wondering. Rob.