The Japanese yen is trading as a meme coin the developer of which decided to sell all his coins đ
The yen has tumbled well past levels touted as red lines for Japan and at a pace that has traders asking when authorities might start buying the currency to support it.
âą Japan's debt-to-GDP ratio is 264%
âą The currency is depreciating rapidly.
âą The fertility rate is at 1.37, indicating a demographic catastrophe.
âą 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? đ€
