Consumption Shrank While Business Investment Was Flat
Thanks for sharing your insights. I knew that there had to be catch when I saw the headlines. The devil in the details again!
I enjoyed this very much. I was recently looking at some population forecasts and it got me thinking about consumption. Are there any stats on per capita consumption available? I would expect GDP to decline with the declining population, unless our kids start eating more and wasting money on fast fashion at an ever increasing rate.
Do you have any thoughts on this?
thank you for this. Headlines don’t often tell the story.
The Japanese government has to be aware of all of this. Their passivity is troubling.
Great article as always! What's caused the divergence between number of employees and total real employee compensation? Is this mostly due to falling real wages or a change in the structure of employment?