John Rubino's Substack

John Rubino's Substack

Japan: Two Bad Trends Accelerate Simultaneously

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John Rubino
Jul 09, 2026
∙ Paid

This newsletter has been covering Japan’s descent into financial chaos since 2023. See:

How Far Can The Yen Fall Before Japan Goes Bankrupt?

How a Country Goes Bankrupt, In 10 Steps

Japan Enters Its Death Spiral

Next Year's Wild Card: The Yen Carry Trade

Now the death spiral is accelerating.

These Trends Don’t Go Together

The yen is falling versus other curre…

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