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by aredox 296 days ago
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".

1 comments

> 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).