Japan’s $135B Stimulus Sparks Panic Among Economists and Traders: What’s Going On?
Japan’s $135B Stimulus Sparks Panic Among Economists and Traders: What’s Going On?
Japan’s Prime Minister Sanae Takaichi has introduced a $135 billion stimulus package aimed at easing inflationary pressures and providing relief to households and businesses. However, the plan raises concerns about the country’s already high national debt, as critics warn it could destabilize Japan’s economy. Rising costs, including a 40% surge in rice prices, continue to burden consumers, while the weakening yen adds further strain on imports and inflation.
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