Japan's Prime Minister Shinzo Abe has just win a big victory in parliamentary election,meaning Abenomics is here to stay in Japan for a while.The victory is hard to believe;after all, Japan is in a recession.Of course,it's been downward spin for twenty years,indeed,I'm so old I remember when people talk that Japan would overtake the U.S as number one economy in world,that was 1970's and sound a lot people say today China,but lately China economy seem to be a paper tiger,the numbers are rigged the growth is overstated.
Anyway Abenomic won't solve Japanese economic problems,for it has less to do policy then aging population.Japan simply has too many old people and not enough young people to support its economy.
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