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?
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.