The Unseen Story of Japan’s Financial System: Why We Should Be Upset
Japan’s economy presents a frustrating paradox.
The yen’s value continues to fall, yet real wages stagnate.
High taxes burden us, and the hope of a prosperous future feels increasingly out of reach.
It’s easy to blame the government, but the real questions are more complex: Why aren’t the politicians we elected taking swift action to improve our lives?
Why do innovative financial services, standard in other countries, take years to reach Japan?
Even more disturbingly, why are financial products like “structured bonds” (shikumi-sai), which are designed to exploit individuals with low financial literacy, left unregulated?
As a professional asset manager who has enjoyed the benefits of a “tax haven” in Singapore for 25 years, I’ve always been struck by the disconnect I see in Japan.
This is the financial story you won’t hear in the Japanese media—a story every citizen needs to understand.
In this final installment, using stablecoins as an example, I want to explain why we must raise our voices.
This is a critical message that directly impacts our future. Are we really just going to accept this situation?
