The Bear’s Lair: Will Japan become as rich as Singapore?
Sanae Takaichi’s thumping recent victory in Japan’s elections gives hope that Japan’s economy may finally be recovering. There is much recovery to do; at IMF estimates for 2026, Japan’s GDP per capita (at purchasing power parity) is $56,444, below even badly-run Britain’s at $65,215 and far below the United States at $92,883, let alone its […]