The Bank of Japan buying equities? What could go wrong?
This certainly invites the question of whether a "government-backed equity measure" should even be a thing. Greenspan (the Ayn Rand disciple) decided in 1987 that the US government wasn't going to let the Dow fall, and in so doing ruined the stock market. Socialized losses and privatized gains have been official policy here for almost 30 years, so I suppose it's no wonder that other governments would want to keep pace. Gotta attract the best minds.