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by aredox 294 days ago
What remains of Japan's bubble? The country has never really got out of the rout of its "lost decade" and is sliding away into irrelevance.
1 comments

The Nikkei 225 index is at all-time-highs in August 2025. Highest pay hikes in 30 years, BoJ raised interest rates etc. (sure, both because of inflation, but still).

Things seem to be slowly changing in Japan.

The yen is crashing, there are rice shortages and the country is at 0% growth - before Trump's tarriffs.

At this point it is wrong to speak about Japan's "lost decade" - it should be "lost decades".

> The yen is crashing

In my opinion, that happens because the JPYUSD carry trade. This reverses as they raise interest rates (which has been kept artificially low in Japan for decades).