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Sabato
@sabato
Whats going on with Japan? (Wrong or right answers appreciated)
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Y Griega 🎩
@ygriega
rugged💀
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🔥sutan / $POLE 🎩
@sutan
too many debt in relation to their GDP (more than 250%), like the highest of any modern country. They have been able to keep going because their debt is mostly owned by Japan and their citizens but it's unsustainable. Their low natality rates puts them in an even worse position. TLDR: They are kinda fucked
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kiszkiloszki
@kiszkiloszki.eth
333 $degen to stabilize the market for you!!
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Rev
@spockkrypton
They recently discontinued the negative interest rate that has kept the economy in check for decades. And partially increased interest rates by mere 0.5 %. A change in effect is what you see . Inflation has picked up, exports are rad expensive and a lot more moving wheels
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