Why are Japanese twentysomethings starving themselves to buy the S&P 500?

The Japanese youth have lost faith in working, and that might be a good thing.

It takes a profound lack of self-awareness for a politician to govern over three decades of wage stagnation and then act shocked when young people stop spending money.

During a recent Diet session, Finance Minister Satsuki Katayama clutched her pearls over a newly coined phenomenon sweeping the nation: NISA Poverty (NISA貧乏).