Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-05-19 12:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, Economy & Finance, Labour & Workers, Tax & Budget, Elections, Asia Pacific
--------------------------------------------------------------------
Snippet:
While it may seem like every government these days - not just Emerging but certainly all Developing countries too - has become a banana republic in light of the increasingly more idiotic fiscal and monetary policies adopted to kick the can at least until the next election, nobody is quite as cartoonish as Japan, the place where all modern-day central bank experiments started in the late 1980s.
--------------------------------------------------------------------