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According to the Cabinet Office, Japan's nominal GDP (gross domestic product) in 2023, calculated in dollar terms, will be overtaken by Germany and fall to fourth place. While the yen's depreciation has caused the figure to fall in dollar terms, the slow growth and deflationary effects of the bubble's collapse are said to be the causes, once again highlighting the seriousness of the Japanese economy. In this context, the key to the future of the Japanese economy is the outcome of the US-China conflict. There are concerns that the possibility of Trump's reelection in the US presidential election in November, which could lead to a "what if" situation, will pose a major risk to Japan and China, but what will be the impact? Our guests are economic analyst Musha Ryoji and economic commentator Kaya Keiichi. Will the Japanese economy be able to pull itself out of its long-term slump...are there any signs of this happening? A thorough discussion. #Kimio Iwata #Aina Ueno #Ryoji Musha #Keiichi Kaya #Nominal GDP #Gross domestic product #Overtaken by Germany to 4th place #Low growth after the collapse of the bubble #Deflation #Japanese economy #The future of the US-China conflict #US presidential election #Moshitora #bs11 #Inside Out