News from Japan says the government is considering injecting Japanese households and businesses with $ 500 million in support, equivalent to 10 percent of Japan's GDP.
Each resident of Japan will receive 200,000-300,000 yen, equivalent to 1800 - 2700 dollars.
Cash disbursements and other grants are expected to reach households and businesses in May.
This represent the largest stimulus package ever in Japans history and the goal is to drive up business again in the country after the massive shutdown.
The government is also taking steps to provide companies in crisis with low-interest loans and by purchasing gift vouchers and coupons, and then distributing them to every citizen.
Prime Minister Shinzo Abe is likely to present this package on Friday.
Will the japanese buy some bitcoin now to avoid there saved money from being worthless?
Thankyou for taking the time!
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Do you want to get some free crypto?
Start using the crypto app today and get a 50$ signup bonus if you use my referalcode 8zt6nf3yrb
Or click on the link and it will help you with the signup process https://platinum.crypto.com/r/8zt6nf3yrb
Get free crypto from coinbase and at the same time learn about different projects, limmited supply so first come first serve
Visit Horizen Faucet - FREE ZEN every 20h, Get started with Cryptocurrency with Horizen
Please, always do your own research or contact a financial adviser before making any large investments
Please dont invest any money that you can't afford to lose because in crypto there are big market swings, sometimes you make enormous gains but sometime you lose.
