Japan quietly reflates, buying time for reckoning with debt

Author: Eamonn Sheridan | Category: News

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
It notes;
  • 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.