Very interesting article! The way Japan has maintained it’s standard of living through decades of flat GDP is a very interesting case study. One might think it’s an unsustainable model yet it continues to work. Perhaps national debt is not the anchor we tend to believe that it is? Maybe inflation is a phenomenon of the old economy? Is continuous QE the magic lever for longterm economic stability? Or willl the day to pay the piper still come?
The EU and the US might be starting down a similar path. If so I hope the piper never needs to be paid!
Good to see you are enjoying Tokyo, by your updates I would say you are taking in as much as you can and transitioning nicely. Well done you!
Hi Sandra,
Very interesting article! The way Japan has maintained it’s standard of living through decades of flat GDP is a very interesting case study. One might think it’s an unsustainable model yet it continues to work. Perhaps national debt is not the anchor we tend to believe that it is? Maybe inflation is a phenomenon of the old economy? Is continuous QE the magic lever for longterm economic stability? Or willl the day to pay the piper still come?
The EU and the US might be starting down a similar path. If so I hope the piper never needs to be paid!
Good to see you are enjoying Tokyo, by your updates I would say you are taking in as much as you can and transitioning nicely. Well done you!
Good luck on your new project.
Bob