Great analysis. I totally agree with your conclusion and give my over/under for Takaichi-san's time in office to be 6 to 12 months. Once the voters realize she is just more if the same abenomics and has no inflation solutions (or concerns ?) for households her popularity will inevitably plummet. I am guessing (and I don't guess in public often!) the LDP will lose even more seats in the next election, whenever it happens to be -- and even regardless of Takaichi-san's polling. Itfeels like the LDP is dead set on financially repressing households and while that might work in a place like China or similar, Japan is a democracy and will likely just end up costing LDP power. While the domestic investment general idea is good (not sure directed investment makes sense) there needs to be balance between the government, corporates and households if the ruling party wants to keep power long term.
Great analysis. I totally agree with your conclusion and give my over/under for Takaichi-san's time in office to be 6 to 12 months. Once the voters realize she is just more if the same abenomics and has no inflation solutions (or concerns ?) for households her popularity will inevitably plummet. I am guessing (and I don't guess in public often!) the LDP will lose even more seats in the next election, whenever it happens to be -- and even regardless of Takaichi-san's polling. Itfeels like the LDP is dead set on financially repressing households and while that might work in a place like China or similar, Japan is a democracy and will likely just end up costing LDP power. While the domestic investment general idea is good (not sure directed investment makes sense) there needs to be balance between the government, corporates and households if the ruling party wants to keep power long term.