finally ready to blast higher, page-55

Loki all good points although with Japan you missing one element, sure they owe it to themselves (mostly) but due to their insular policy re immigration and birth rates they are just hitting a demographic time bomb, when the folks in the US talk about future unfunded liabilities the Japanese have already arrived at their moment of implosion

every countrys population is the feedstock for its economy and if a country doesnt take care to make sure its population is dynamic, healthy and growing sooner or later bad economic things will happen. In Japans case, large structural deficits are the byproduct of bad demographics and not the cause of its problems.

As folks get to retirement folks stop spending, economic growth is impossible if a country has maintained a balanced birth rate and immigration policy to at least maintain it population, tax revenues fall off a cliff while social security demands explode, Japan by trying to stimulate GDP is trying to revive a dead patient, the only way out for them is massive social reform, they have to let people into the country and they have to start having babies, neither fo which is likely in the short to medium term

The YEN is toast