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‘Takaichi fever’ grips Japan: The ultraconservative leader becomes a phenomenon that transcends politics (english.elpais.com)

submitted 2 days ago by misk@piefed.social to c/world@quokk.au

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[–] misk@piefed.social 1 points 1 day ago* (last edited 1 day ago)

Trump is a moron so I’m not sure why you care about what he thinks. If your point was to use association fallacy then, well, it’s just a logical fallacy.

To me it appears that Japan is accelerating the end of negative interest rates which combined with US behaving irrationally means domestic investment is coming back to Japan. This conservative but expansionist monetary policy seems to be working very well in this scenario.

This looks similar to what conservatives did where I live and 10 years later I had to eat my hat and admit it they were right, despite economics professors saying we’d go bankrupt. Turns out academics aren’t free from bias and some simply represent certain interests.