Cashed-Up Grannies Splurging on Grandkids Boost Japan’s Economy – Bloomberg

BloombergCashed-Up Grannies Splurging on Grandkids Boost Japan's EconomyBloombergThe savings-rich elderly spend about 9.7 trillion yen ($87 billion) a year on their offspring, including adult children who have struggled with lower wages during two decades of sputtering economic growth, according to Hiromichi Shirakawa, chief Japan ...
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