#Japan was the first country to reach peak fiat when they blew up their economy 30+ years ago. It, along with the Yen has been on life support ever since, slowly dragging the country backwards as they wait for everyone else to reach the same point of collapse.

The knock-on effect has been an absolutely awful shift in demographics (see pic 2) culminating in 2023 having HALF as many births as deaths.

We are watching a country commit suicide in slow motion to maintain its economic fiction.