To emulate Abenomics, Japan's new Prime Minister Sanae Takaichi immediately unveiled a fiscal policy centered on "consumption-stimulating tax cuts, industrial subsidies, and defense expansion." The goal is to reignite growth through higher public spending and make public debt more sustainable. Yet a close examination of the three core questions – where does the money come from, where will it go and whether it retains its value – reveal that Sanaenomics (also called Takaichi-nomics) is actually a high-stakes gamble.
19-Jan-2026