Japans Sales-Tax Struggle Brings Recession Surprise

The video discusses the potential postponement of Japan's sales tax increase, which is seen as a setback for Abenomics. An advisor suggests delaying the tax hike, and Prime Minister Abe may call an election to seek public support for more stimulus and a tax delay. Despite a recession in the third quarter, Japanese companies are financially strong, with high profits and cash reserves. However, consumer spending has not yet increased. The video concludes with remarks from Bloomberg's economics editor.

What potential actions might Mr. Abby take regarding the sales tax and elections?

What position do Japanese companies hold in terms of profits and cash reserves?