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30 sats
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3 replies
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@TomK
OP
18 Oct
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on: Japan’s Economic Struggles Deepen as Inflation Falls and Recession Looms
econ
True. And then there is this 'little' problem with demografics
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@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?
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@TomK
OP
18 Oct
Their 'fund' is the BoJ which holds their sovereign debt. It's a total mess
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@Satosora
18 Oct
Thats not good at all because there isnt any oversight. Or the oversight is minimal.
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