If savings go into banks as deposits, which loan them out for investments, why is excess savings blamed for Japan’s slow growth?

If savings go into banks as deposits, which loan them out for investments, why is excess savings blamed for Japan’s slow growth?

If savings go into banks as deposits, which loan them out for investments, why is excess savings blamed for Japan's slow growth?
byu/dejected-carrot inAskEconomics

Posted by dejected-carrot