Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?
Sanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election. Photograph: Kim Kyung-Hoon/ReutersView image in fullscreenSanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election. By the end of the 1990s, and after much of the financial sector had been bailed out, the debt to GDP ratio was 130%.Since the 2008 global financial shock, the economy has stagnated.
- ▪Sanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election.
- ▪Photograph: Kim Kyung-Hoon/ReutersView image in fullscreenSanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election.
- ▪By the end of the 1990s, and after much of the financial sector had been bailed out, the debt to GDP ratio was 130%.Since the 2008 global financial shock, the economy has stagnated.
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Sanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election. Photograph: Kim Kyung-Hoon/ReutersView image in fullscreenSanae Takaichi, leader of the ruling Liberal Democratic Party, puts a red paper rose on the name of an elected candidate at February’s general election. Photograph: Kim Kyung-Hoon/ReutersJapanCan Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearfulPhillip InmanSat 25 Jul 2026 08.00 EDTLast modified on Sat 25 Jul 2026 08.01 EDTSharePrefer the Guardian on GoogleInternational investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of…
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