”This is what happens when economies rely on easy money but don’t follow through with the hard work of reform.
If ever there was a country that illustrates the bizarre economic conditions the world finds itself in, it’s Japan.

Usually, when a country’s central bank cuts interest rates, its currency weakens on the global stage, making it easier to sell goods and services abroad as well as providing incentives for banks to lend. Both are supposed to increase economic growth. Except nothing is working like it’s supposed to these days in the global economy, and Japan is the number one case in point.