Japan 2020, The Fourth Arrow Of Abenomics

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Japan recently found out that it would be holding the 2020 Olympics, and the country may have more to celebrate than the initial burst in revenue. If the Olympics are able to stoke consumer and business sentiment like Societe Generale analysts Comtakuji Aida and Kiyoko Katahira think they will, then it could be the final piece of the puzzle to finally pulling Japan out of recurrent deflation. Japan generating revenue from Olympics Holding the Olympics is big business, and the Tokyo Municipal Government expects to get about 3 trillion Yen in direct profits from the event. There will be “capital…

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