> Any unwinding of the BOJ position would lead to major disruptions. That's just pushing the inevitable. A lot of stocks went up because of debt. Those stocks

> Any unwinding of the BOJ position would lead to major disruptions. That's just pushing the inevitable. A lot of stocks went up because of debt. Those stocks needed to come down. In a real capitalist system, the companies with declining stocks would be replaced by new ones. But BOJ intervened (for good reason) and now they are in a painful slow decline. Pull a bandaid quick vs pull it over time!