Salient to Investors:
William Pesek writes:
Japanese voters seem ready to hand Abe one of the bigger blank checks in memory, so may be setting themselves up for buyer’s remorse.
Japan has a fast-aging population, the world’s biggest public debt, a skyrocketing energy bill, and a pension time bomb.
The idea of unfettered competition imposed from outside remains controversial.
The Japanese are apathetic because they can be. Even after almost 20 years of deflation, Japanese society has not unraveled into widespread homelessness, crime and deprivation.
Read the full article at http://www.bloomberg.com/news/2013-07-15/japan-prepares-to-vote-not-that-you-would-know-.html
Click here to receive free and immediate email alerts of the latest forecasts.