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51 sats \ 1 reply \ @siggy47 OP 19 Jun 2024 \ parent \ on: Japan Bank to Overhaul Investments as Wrong-Way Rate Bets Trigger Bond Losses econ
That's a real puzzle to me. They have been a zombie economy since the 90s, yet the average person enjoyed a solid standard of living.
I think it is feasible for one large economy to run this playbook. I don't think they can all do it at once but we are going to find out.
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