Japan's consumption problem is mainly related to the exchange rate. Before 2012, Japan's working population per capita was in line with the US. However, there have been losses due to the aging population, which is a natural phenomenon.

After 2012, Japan's exchange rate began to depreciate, and as a result, Japan's GDP per capita began to lag behind the US; it is now only half that of the US. This situation led to the working population receiving low wages and the decline in consumption as this population became the main consumer, creating a vicious circle.

In order to reverse this problem, Shi Pomao needs to make some changes to the exchange rate. A strong currency = strong domestic consumption. This situation is clearly seen in China, Japan and the US.

Of course, it is difficult to keep the exchange rate stable due to Japan's high debt. Therefore, it is necessary to reduce government spending, reduce debt and restrict the money supply. In short, this is the opposite of Abenomics policies.