Japan Has to Widen Its Tax Base: SocGen's Baader

The video discusses Japan's economic downgrade, the implications of delaying the consumption tax hike, and the need for shifting taxation from direct to indirect forms. It highlights investment strategies in Japan, considering the depreciation of the yen and the stock market's performance. The discussion also covers Japan's recession status, potential economic recovery, and the impact of Abenomics, focusing on structural reforms and political strategies to boost the economy.

What are the challenges Japan faces in terms of its tax base and revenue?

What are the implications of the yen's depreciation on Japanese stocks?

What is the expected growth rate for Japan's economy next year as mentioned in the text?