Japan Prime Minister Takaichi: we will strive to create strong economy so that tax revenues rise without tax hikes.
Sounds great.
What will actually happen is the fiscal boost will help the economy and government debt will surge alongside.
The story never changes.
Yen bearish.
More from Takaichi:
Govt will consider revising primary balance target to one measured in several years’ horizon rather than each year
This article was written by Eamonn Sheridan at investinglive.com.