All I’ll add is that Japan’s boom period in the early 90s was largely based on their ridiculous housing market. They were incredibly aggressive with the lending and sent house prices to astronomical levels. Even worse than US and Europe did a few years later.
They’ve basically never recovered from this period and have been in deflation ever since. Combined with the issues you already raised, Japan are not looking good at all.
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All I’ll add is that Japan’s boom period in the early 90s was largely based on their ridiculous housing market. They were incredibly aggressive with the lending and sent house prices to astronomical levels. Even worse than US and Europe did a few years later. They’ve basically never recovered from this period and have been in deflation ever since. Combined with the issues you already raised, Japan are not looking good at all.
I did not know that so thank you 😊
You are welcome