"If you're looking at Japan, you have the Ministry of Finance issuing the debt, you have the Bank of Japan buying it, you can convert the debt into zero-coupon perpetual [bonds] and then gradually write the debt down," he told the conference.
"We're in a low-growth environment, and that's why we keep pulling the levers. "
Mark Burgess, chairman of Jamieson Coote Bond's advisory board
Source: The Age Newspaper, Wednesday 1st june, 2015
Demographics a challenge to global growth, May 31, 2016
japan, japanese, customer, consumer, @jcustomers, www.japanesecustomer.com, economy, deflation, strategies, trends, low growth, #japan #deflation #customer #consumer #japanese