It is questionable why people misunderstand that the Japanese economy is still in the state before the deflation. That era is already a thing of the past.
Japan's long-awaited return to normalcy brings uncertainty, volatility
reuters.com/markets/asia/j
Quote
Robin Brooks
@robin_j_brooks
Japan's election and promises of tax cuts have triggered a severe bond market sell-off that's radiating out from Japan and infecting everyone. We live in a new era. If you think you can deficit spend your way out of high debt, you're living in the past...
robinjbrooks.substack.com/p/what-does-a-
