Japan needs to end its dangerous debt delusion
The country has to face up to the hard truth that it has maxed out on its fiscal flexibility
The country has to face up to the hard truth that it has maxed out on its fiscal flexibility

The country is the darling of investors, but that could change

The return of inflation has brought the public finances back under control

‘Takaichi trade’ gears up as investors bet new government’s plans to boost economy will require big expansion in borrowing

Bank of Japan implements quarter percentage point rise to 0.75% in progress to normalise monetary policy

Amending the text would be a sign of the country’s flexibility in an era of uncertainty

This month’s probable rate increase is in keeping with the moment