Japan is running a deficit (recently started), creating a different dynamic from past surpluses; this makes Japan's fiscal position more precarious and adds urgency to the yield curve control trap.

factualpending

Speaker

James Bianco

Evidence Quote

And and now they're running a deficit, right? So, that's a whole different dynamic in Japan.

Source

DoubleLine Round Table Prime, 2023 - Part 1: Macroeconomic State of Play 1-4-23DoubleLine Capital
Created: 8/11/2026, 1:33:48 AM

My Notes

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