Japan's situation is like a person jumping from an 80-story building saying 'so far, so good' at 70 stories down—they've been able to sustain unsustainable policy for so long that the eventual crash will be severe.
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Speaker
James BiancoEvidence Quote
“They're not as a guy jumping out of an 80-story window. 70 stories down says, 'So far, so good.'”
Source
DoubleLine Round Table Prime, 2023 - Part 1: Macroeconomic State of Play 1-4-23— DoubleLine CapitalCreated: 8/11/2026, 1:33:48 AM
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