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DID YOU KNOW?

Some interesting factoids here on the Japanese economy courtesy of Nomura.  As previously discussed, the death of the Japanese economy is severely overhyped….

Did you know Japan’s net debt is much smaller than gross debt?  Did you know that net Japanese public sector debt is just 25% of private sector net worth?  Did you know that Japan’s private sector wealth has increased since the bubble collapsed almost 20 years ago?

(Figure 1)

(Figure 2)

(Figure 3)

Source: Nomura

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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