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by SCAQTony 849 days ago
Their economy is still not doing well. The sole reason that the NIKKEI is storming it is that banks only offer negative interest rates on bank deposits. Thus, the NIKKEI is the only real option left.

https://www.focus-economics.com/country-indicator/japan/inte....

1 comments

Japanese TINA. They finally have inflation, which means they finally have growth regardless of whether they have productivity gain.
"There Is No Alternative"? I had to consult ChatGPT to get that acronym explained.
thank you for clarifying, the grandparent comment made no sense
I was highly suspicious of the implication that the Japanese government would do anything other than making sure nothing changes