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True. And then there is this 'little' problem with demografics
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The Japanese are becoming an older generation, so their costs are going to increase for a lot of things.
I wonder if they have some kind of sovereign fund?
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Their 'fund' is the BoJ which holds their sovereign debt. It's a total mess
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Thats not good at all because there isnt any oversight.
Or the oversight is minimal.
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They will forever be under pressure because they have invest in the USD too much.
Unless they become independent completely.
But for an island country, that is hard.