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Navigating Japan's Economic Landscape
This chapter explores Japan's current economic challenges, particularly its monetary policy under new leadership and the implications for the yen and carry trade. It highlights the pressures of high debt-to-GDP ratio and discusses how these factors intertwine with global economic trends, including the effects of U.S. interest rates. The conversation also delves into the influence of ETFs and evolving market dynamics, emphasizing the delicate balance required to maintain stability in interconnected financial systems.