It’s strange, but I quite enjoy reading the stuff put out by the research guys by Stansberry Churchouse. Their recent article is about the precarious demographics that Japan is facing.
Perhaps the reason why I enjoy a lot of their articles is because we tend to approach the some topic, but I get to see someone else’s perspective.
I have talked about Japan’s structural demographic issues and their policies to address it before, in Sep 2015 and Dec 2014. Fast forward to 2018 and what do we have? BOJ still printing money to push up asset prices, and are now owning 80% of eligible ETFs.
Do I have to explain again why debt isn’t good for countries? Well, if you’re not planning to pay altogether, then you’ve got a great deal lol.
I’m certain that in my lifetime Japan will have an event that will really shake up their …