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Japan's coming April fools' day

The rear view mirror clearly showed that increases in consumer spending and business investment, along with the pick-up in inflation, leading up to the implementation of the tax - the same as what we're witnessing now - resulted from Mr. & Mrs. Watanabe buying up truckloads of whatever before taxes increase?and then it's back to Japan's normal (deflation and weak consumption).

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Read more: JapanApril foolsBOJJuneMr. & Mrs. WatanabeNovemberStopAndyApril sales tax hikeBankBloomberg News survey - 33 %Cabinet OfficeDecemberEconomicsGDPLetRyutaro Hashimoto