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On Sunday, Japan announced that its economy shrunk at a staggering annualized pace of 6.3% of Q4 of 2019 (before the Coronavirus). To put that figure in perspective, the U.S economy shrank at an annualized pace of 7.3% during the worst quarter of the Great Recession. Economists blamed a recent sales tax hike and the impacts of poor weather. While these are certainly legitimate, economic