Alex Kinmont: The Future of Japan and Abenomics

The video discusses Japan's economic history, focusing on the bubble years, deflation, and the impact of real vs nominal GDP. It highlights policy mistakes leading to Abenomics and explores political dynamics, particularly the role of the salaryman class. The shift in political power and its implications for fiscal dynamics and tax revenue are also examined.

What are the differences between real GDP and nominal GDP, and why are they important in economic analysis?

How does the concept of deflation relate to Japan's economic struggles over the past decades?

In what ways did the political landscape in Japan shift in response to economic conditions?

What factors contributed to the public's shift towards expansionary policies in Japan?