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A comment on Japan's Growing Poverty Defies Glib Explanations. Parent comment

Re:Japan's Growing Poverty Defies Glib Explanations by tonyedgecombe on Wednesday April 27, 2016 @06:22AM (#11579151)
Unemployment has remained very low as well, considering their demographic changes Japan is doing quite well.
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Re:Japan's Growing Poverty Defies Glib Explanations by jazzyk on Wednesday April 27, 2016 @10:21AM (#11580636)
Yes, but low unemployment comes at a price.

Most domestic companies are shielded from competition, and can employ many more people than they should. These companies are backed by the central bank (BoJ), which has been printing money left and right, and now owns more than half of the nation’s market for exchange-traded stock funds[1].

[1] http://www.bloomberg.com/news/articles/2015-10-28/owning-hal...

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