Japan taps $7 trillion in retail savings to back government bonds as BOJ steps back

Japan is pulling in its own people to help finance its growing debt pile. With the Bank of Japan (BOJ) stepping back from buying government bonds, the government is targeting the country’s $7 trillion in household savings. The Ministry of Finance wants regular Japanese savers to fill the gap left by the BOJ. This includes […] source: https://www.cryptopolitan.com/japan-taps-7-trillion-in-retail-savings/