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Japan logs 2nd largest current account deficit on record in January

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Get ready for tax hikes.

6 ( +7 / -1 )

@Larr Flint

Tax hikes are so 2010s. 2020s is the decade of mass printing. Yen to become toilet paper status by 2030!

-1 ( +10 / -11 )

@Larr Flint

Tax hikes are so 2010s. 2020s is the decade of mass printing. Yen to become toilet paper status by 2030!

I wouldn't mind if they mass printed yen if that yen were to help stimulate the economy. But we all know it will somehow end up in the pockets of the already wealthy. Ahem, US

4 ( +5 / -1 )

Time to switch the nukes back on.

1 ( +2 / -1 )

be ready guys,as old fella have said "freedom comes at cost"...we will pay more literally for everything.

4 ( +5 / -1 )

Exactly, that’s the only way out, printing tons of it, but this time also distributing the money to everyone and in person, to make sure everyone got it. We need such a bubble, a potentially working reset button for all, because that leads to more innovations, founding new businesses and investing in areas of the economy that are considered to have the most future or prospects. There will be of course a next gap between poorer and richer afterwards too, but that’s still better bearable than the continued downwards spiral for everyone as we have now.

-1 ( +2 / -3 )

Japan logged a current account deficit of 1.2 trillion yen ($10.3 billion) in January, the second largest on record since comparable data became available in January 1985, due to surging fuel costs, the Finance Ministry said Tuesday.

And his was before the start of the war.

-1 ( +0 / -1 )

@Foreigner in Tokyo

Although I agree with a lot of what you say, the part where you said "off" nights would not work because those convenience stores are franchises.

0 ( +0 / -0 )

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