go broke on the international exchange

tied to an aging population and declining tech advantage (read gone)

1. The Currency “Collapse” on the International Exchange

The Japanese Yen has faced a historic decline, dropping past 160 to nearly 180 Yen per USD. [1, 2]

• The Debt Trap: Japan’s public debt sits at a staggering 240%+ of GDP. To stop the government from going broke under the weight of interest payments, the Bank of Japan (BOJ) has historically had to suppress bond yields. [1, 2]
• The Exchange Rate Penalty: Because the BOJ keeps domestic interest rates artificially low (around 1%) while global central banks (like the US Federal Reserve) keep rates much higher, investors relentlessly dump the Yen to buy Dollars. Massive, multi-billion-dollar government currency interventions have repeatedly failed to save the Yen because they treat the symptom rather than the underlying fiscal debt. [1, 2, 3, 4, 5]