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Japan's 11-member Nambu family shows allure of frugality, limits of stimulus

By Daniel Leussink and Akiko Okamoto ....

David Dolan , Fumio Kishida , Keiki Nambu , Gerry Doyle , Daniel Leussink , Akiko Okamoto , Hideo Kumano , Koya Miyamae , Dai Ichi Life Research Institute , Mitsubishi Research Institute , Minister Fumio Kishida , Mitsubishi Research , News Us World , Ews Reuters ,

Japan's 11-member Nambu family shows allure of frugality, limits of stimulus

Japan's 11-member Nambu family shows allure of frugality, limits of stimulus ....

Hideo Kumano , Koya Miyamae , Fumio Kishida , Dai Ichi Life Research Institute , Mitsubishi Research Institute , Minister Fumio Kishida , Mitsubishi Research , Keiki Nambu , Covid 19 ,

Japan's 11-member Nambu family shows allure of frugality, limits of stimulus

That kind of financial prudence has helped Japanese households amass a staggering $17 trillion in assets over the years, with more than half of that parked in savings. ....

Hideo Kumano , Koya Miyamae , Fumio Kishida , Keiki Nambu , Dai Ichi Life Research Institute , Mitsubishi Research Institute , Minister Fumio Kishida , Mitsubishi Research ,

Japan's 11-member Nambu family shows allure of frugality, limits of stimulus

Japanese households receiving cash stimulus are more likely to save the money or repay debt, representing a headache for policymakers, who struggle to kick-start consumption ....

Hideo Kumano , Koya Miyamae , Fumio Kishida , Keiki Nambu , Dai Ichi Life Research Institute , Mitsubishi Research Institute , Minister Fumio Kishida , Mitsubishi Research ,

Japanese family shows limits of stimulus push

When Japan handed Tokyo bus driver Keiki Nambu and his wife, Takako, US$870 for each of their nine children, they spent it exactly as the government had feared: paying down a mortgage instead of going shopping.
That kind of financial prudence has helped Japanese households amass a staggering US$17 trillion in assets over the years, with more than half of that parked in savings.
However, it also represents a headache for policymakers, who struggle to kick-start consumption and boost a moribund economy.
Japanese Prime Minister Fumio Kishida’s government has paid nearly US$17 billion in cash stimulus to families.
However, unlike US stimulus ....

Hideo Kumano , Koya Miyamae , Fumio Kishida , Keiki Nambu , Dai Ichi Life Research Institute , Mitsubishi Research Institute , Prime Minister Fumio Kishida , Mitsubishi Research , The Taipei Times ,