Japan's economic situation is in this episode's spotlight: A weak yen, booming tourism, a nice recovery after Covid and a good position in the geopolitical turmoil as a long-time US ally. But at the same time, an ageing and shrinking population, deflation and a sky-high debt per capita. SEB's chief economist, Jens Magnusson, joins Fredrik Hahnel and Sean Yokota in the discussion after visiting Japan this week.