Today I see another reason of the weak yen:
"Japan’s exports plunged 45.7 percent in January from a year earlier" - www.Bloomberg.com
That how bad it it. 45.7% drop, over 50% for exports to USA.
With old population, negative population growth, you cannot rely on domestic spending.
"The government has been unable to pass a stimulus package that could help encourage domestic spending in the absence of export demand. Prime Minister Taro Aso is struggling to get approval from the opposition-led upper house to spend 10 trillion yen to aid companies and households, whose sentiment is near a record low."
They cannot even pass a package to save the economy, and this is the election year with means nothing can be passed until the election. Even longer if you have a change of governing party.
Every end seems like a dead end for Japan. RIP.
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