Global Cooling: Even BOJ’s Red Hot Printing Press Has Come Way Off The Boil

This amounts to a gigantic 102.2% of nominal GDP. But the BOJ has been tapering its asset purchases since peak QE at the end of 2016, and the growth has slowed to a snail’s pace….This amounts to a stealth taper:

https://wolfstreet.com/2019/05/11/qe-party-over-bank-of-japan-stealth-tapers-further/