This massive stimulus is fiscal recklessness that threatens to trigger a devastating bond and currency crisis. With debt already at 240% of GDP and inflation above target, pumping more money into the Japanese economy will send interest rates soaring and the yen plummeting further.
The stimulus package represents responsible fiscal policy designed to protect Japanese citizens from rising prices while building a strong economy. Strategic spending on energy subsidies and tax cuts will stabilize inflation and boost GDP growth by 1.4% annually over three years.
ThereThis massive stimulus is fiscal recklessness that threatens to trigger a 91%devastating chancebond India'sand nominalcurrency crisis. With debt already at 240% of GDP willand surpassinflation Japan'sabove bytarget, pumping more money into the endJapanese ofeconomy 2025,will accordingsend tointerest rates soaring and the Metaculusyen predictionplummeting communityfurther.
The stimulus package represents responsible fiscal policy designed to protect Japanese citizens from rising prices while building a strong economy. Strategic spending on energy subsidies and tax cuts will stabilize inflation and boost GDP growth by 1.4% annually over three years.
There is a 91% chance that India's nominal GDP will surpass Japan's by the end of 2025, according to the Metaculus prediction community.
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