Japan quietly reflates, buying time for reckoning with debt
Here's a piece from Bloomberg with a more upbeat view on Japan
- Nominal GDP under Abe has finally surpassed the 1990s record
- Abenomics has for moment defeated demographics, with job gains
- The good news: domestic demand contributed to the gains, with business investment outpacing the GDP rise, and both consumption and government spending playing their part
- The bad news: most of the increase came from exports climbing more than imports.