Takaichi’s success may backfire on Japan
The country’s first female prime minister is pushing on with a $2.3 trln investment plan. In this Viewsroom podcast, Breakingviews columnists debate whether it will fuel inflation and undermine the virtuous cycle that lifted the world’s fourth-largest economy out of stagnation.
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6 Comments
first
Japan will be much better off than Europe. 😂
I'm rethinking my symmetrical hair style. I'm wanting something that says I'm nuanced and might be a serial killer
Takaichi's political path was fueled by her drive to be an unconventional Japanese leader, but that same approach painted her into a corner. When Middle East conflict spiked global commodity prices, imported inflation crushed her economic strategy. Fiscal expansion wasn't an option anymore, it only threatened to make inflation worse for a struggling Japanese economy. On top of that, her hawkish stance toward China strained ties with Japan's biggest export market. Trapped by the demands of her right-wing base, her policies appeared increasingly out of touch with reality.
That's just the Final Fantasy 13 hair
PLEASE put the name of the guest in the title or the description.