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> It's experiencing Japanese deflation for 20 years.

GDP per capita (PPP) in Japan has more than doubled over the past 30 years. https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locat...

Slow growth is only a problem if you rely on investing to generate your income. Otherwise, even no growth at all is fine.

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Have there been any major issues with declining QOL in Japan? It might be a cultural barrier but aside from the deflation stories making the rounds, I don't hear much about them suffering because of it.

They probably don't and economic analysts are probably just bad or lying.

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