Economic Japanification: Not What You Think
Back in 2008, a Bank of Korea report found that of 5,586 companies older than 200 years in 41 countries, 56% of them were in Japan. In 2019, there were over 33,000 businesses in Japan over a century old, according to research firm Teikoku Data Bank. The oldest hotel in the world has been open since 705 in Yamanashi and confectioner Ichimonjiya Wasu... See more
Bryan Lufkin • Why So Many of the World’s Oldest Companies Are in Japan
Today, interest rates are exceptionally low and the growth outlook for advanced economies is modest at best. This leads us to conclude that the question is when markets will start putting pressure on governments, not if.
John Mauldin • Endgame: The End of the Debt SuperCycle and How It Changes Everything
Japan is the world’s most rapidly-aging nation. To cite just one of many extraordinary data points, in 2012 its citizens bought more diapers for adults than for children.