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The Japanese yen is trading as a meme coin the developer of which decided to sell all his coins 📉 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. ‱ Japan's debt-to-GDP ratio is 264% ‱ The currency is depreciating rapidly. ‱ The fertility rate is at 1.37, indicating a demographic catastrophe. ‱ 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? đŸ€’ #TrenddingTopic

The Japanese yen is trading as a meme coin the developer of which decided to sell all his coins 📉

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.

‱ Japan's debt-to-GDP ratio is 264%

‱ The currency is depreciating rapidly.

‱ The fertility rate is at 1.37, indicating a demographic catastrophe.

‱ 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? đŸ€’

#TrenddingTopic

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