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Japan economic fundamentals are not strong. The government has basically been propping up the economy with free money. Now that free money is driving inflatio
by refurb 4y ago
Japan economic fundamentals are not strong. The government has basically been propping up the economy with free money. Now that free money is driving inflation which is another problem.
Expect a major reset at some point. That's like catching a falling knife when it comes to bets on exchange rates.
- zztop44 4y agoI don’t think it’s the free money driving inflation, right? It’s impossible to know for sure, but I’d say it’s not likely the driving force is the weak yen. Which is caused by having 0% interest rates in a world where US interest rates are no longer also zero.
- themaninthedark 4y ago> The government has basically been propping up the economy with free money. Now that free money is driving inflation which is another problem. That sounds very familiar....
- refurb 4y agoWait until you see how far Japan went. They own most of the equity of the large industries