pull down to refresh

47 sats \ 4 replies \ @Satosora 18 Oct \ on: Japan’s Economic Struggles Deepen as Inflation Falls and Recession Looms econ
They will forever be under pressure because they have invest in the USD too much. Unless they become independent completely. But for an island country, that is hard.
write
preview
30 sats \ 3 replies \ @TomK OP 18 Oct
True. And then there is this 'little' problem with demografics
reply
47 sats \ 2 replies \ @Satosora 18 Oct
The Japanese are becoming an older generation, so their costs are going to increase for a lot of things. I wonder if they have some kind of sovereign fund?
reply
30 sats \ 1 reply \ @TomK OP 18 Oct
Their 'fund' is the BoJ which holds their sovereign debt. It's a total mess
reply
0 sats \ 0 replies \ @Satosora 18 Oct
Thats not good at all because there isnt any oversight. Or the oversight is minimal.
reply