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Their economy is still not doing well. The sole reason that the NIKKEI is storming it is that banks only offer negative interest rates on bank deposits. Thus, t
by SCAQTony 3y ago
Their economy is still not doing well. The sole reason that the NIKKEI is storming it is that banks only offer negative interest rates on bank deposits. Thus, the NIKKEI is the only real option left.
https://www.focus-economics.com/country-indicator/japan/interest-rate/#:~:text=Interest%20Rate%20forecasts%20and%20outlook%20for%20Japan&text=The%20BOJ%20Policy%20Rate%20ended,3.50%25%20at%20end%2D2022 https://www.focus-economics.com/country-indicator/japan/inte....
- givemeethekeys 3y agoJapanese TINA. They finally have inflation, which means they finally have growth regardless of whether they have productivity gain.
- yayitswei 3y ago"There Is No Alternative"? I had to consult ChatGPT to get that acronym explained.
- n6242 3y agothank you for clarifying, the grandparent comment made no sense
- overstay8930 3y agoI was highly suspicious of the implication that the Japanese government would do anything other than making sure nothing changes