4 Comments

Presumably a lot of the increase in net financial assets in countries such as Australia is due to house prices growing faster than mortgage liabilities. I wouldn't consider that kind of growth in household wealth to be very good, I prefer Japan's housing market - easier to enter, and more equitable!

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I love these posts, about a country that I adore (as a visitor, of course). Thank you for writing these.

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How does one reconcile Japan's bad salaries with Japan's low returns on equity? Is it bad asset turnover? Other inefficiencies in margins? Bad capital structure? Really puzzles me

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“Demography is destiny,” said French philosopher Auguste Comte. As far as the future of Japan's economy--and everything else--is concerned, it bears repeating. Just sayin'

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