Summary: Japan continues to prosper, defying the doomsters’ forecasts. Is this a delay of their end times, or the taxing down the runway before lift-off? Japan is in some ways further into the future than the rest of the world. We should watch and learn from them. A setting or rising sun? Since Japan’s long crash began in 1989, people have predicted doom. From their massive gross government debt: 237% of GDP in 2015. From their aging shrinking population and refusal to flood the island with immigrants. From their interventionist government and central bank. From the certain-to-come hyperinflation caused […]
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