The looming "day of becoming a credit disposition nation:"
Preparedness for economic "rejuvenation" is questioned.
The Japanese economy is rapidly aging amid the yen's first depreciation in 20 years.
Japan's persistently high trade deficit due to high resource prices has now transformed the country into a "mature creditor nation" that maintains a current account surplus by financing its trade deficit with interest and dividends from overseas.
If the trade deficit continues to grow and Japan runs a current account deficit, it will reach the final stage of becoming a "a credit disposition nation".
