Sad-sack Japan has been in a deflationary spiral for two “Lost Decade(s)” with no hope in sight. The current administration of Prime Minister Abe has promoted the idea of Abenomics—a massive expansion of public investment to re-inflate Japan’s Zombie Economy.
In one way to boost inflation, the Japanese Defense Ministry brought out their new “MCV”–Maneuver Combat Vehicle (機動戦闘車 kidou-senntou-sha) at Sagamihara just west of Tokyo today as shown in the photo above.
The MCV, 8.45 m in length and weighs 26 tons (which is half the size and weight of the opposition). It can cruise at over 100kph while firing its autoloading 105mm cannon and it also has a 12.7 mm heavy machine gun. Plans are to deploy the MCV in 2016.