Japan business confidence hits highest level since 2018

Okay, maybe. But they can only take pent-up demand so far, and then it's back to prolonged deflation.

Confidence among major Japanese manufacturers has hit its highest level since 2018, a key business survey showed Thursday, as they bet on a strong post-pandemic recovery despite some setbacks.

Why shouldn't Japanese business be confident? They have been coddled by the government through this pandemic. Subsidies sourced from a public enduring non-stop taxation through job loss and negative income have cushioned economic shocks. Socializing the losses while privatizing profits is about the the best economic model you could come up with, which is why so many countries follow this model.

Great, from tomorrow I’ll pay everything not with more money but with that much bigger confidence at the supermarket’s cash registry. lol

Japan business confidence hits highest level since 2018 Does this mean longer working hours and less wages?

Good news! Good to see things are beginning to bounce back.

If business confidence is up then companies should raise wages!