The Japanese yen is trading as a meme coin the developer of which decided to sell all his coins š
The yen has tumbled well past levels touted asĀ red linesĀ for Japan and at a pace that has traders asking when authorities might start buying the currency to support it.
ā¢ Japan's debt-to-GDP ratio is 264%
ā¢ The currency is depreciating rapidly.
ā¢ The fertility rate is at 1.37, indicating a demographic catastrophe.
ā¢ An aging population is leading to a shrinking labor force.
How will Japan deal with all these problems soon, and can the Japanese government deal with them at all? š¤