HSBC's Major: Japan Needs to Loosen Fiscal Policy

The video discusses Japan's fiscal policy, highlighting the need to loosen it rather than tighten it. It explores the concept of helicopter money as a potential solution and the challenges of achieving wage growth. The discussion also touches on Japan's economic growth prospects, considering demographic and structural challenges that may require managing decline rather than pursuing aggressive growth.

What are the potential consequences of not increasing the consumption tax in Japan?

How might helicopter money be beneficial for Japan's economy?

What challenges does Japan face in achieving wage growth?

In what ways could the Bank of Japan influence corporate wage increases?

What are the implications of Japan's demographic challenges on its economic growth?