Japan’s July flash PMI shows expansion despite manufacturing contraction, highlighting crushing debt—warning for the US.
Japan's Jul flash composite PMI shows return to expansion though manufacturing remains in contraction; they are so laden w/ unbelievable debt loads that any attempts to prop up their currency are crushing their economy – this is where the US is headed, so take heed… pic.twitter.com/fsmz1z7Dif — E.J. Antoni, Ph.D. (@RealEJAntoni) July 25, 2024 Lower …