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Public Debt above 200% of GDP, Is Japan Economy in Ponzi Territory now yet?

bic_cherry

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Public Debt above 200% of GDP, Is Japan Economy in Ponzi Territory now yet?

Japan Economy has how many zombie / Ponzi companies for a country with public debt at 200% GDP?

When do u think the debt bubble will burst, just like US property prices of 2008, Ponzi values, nobody wants to buy the asset cos all values were obviously hyper inflated once the ruse was revealed.

Japan bank (BOJ) governor already warns of very low funds/ negative current account budget for over 10 years.

So next major disaster could be a tipping point for Japanese finances. The Japanese people will stoically accept high inflation along with retrenchments as well. The most elderly people bravely starve themselves to death, to save gahmen expenditure and so that their pension companies don't go bankrupt, so the younger elderly can enjoy at least a few retirement years, before they too must harikiri/ self sacrifice/ suicide after just a few years of retirement?

What do u think will be the social/ economic outcome?

Government hospitals stop treatment of elderly above a certain age level if there is a shortage of government funds? What will be the outcome?

https://www.cnbc.com/2023/01/23/jap...ances-as-boj-struggles-to-contain-yields.html
 

syed putra

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Japanese people have a high savings rate despite gomen trying to boost economy by quantitative easing. Its economy was destroyed by reagan who forced japan to double the value of yen almost overnight and stopped its workers from working on Saturdays in order to stop its huge trade surplus with the US. Until today, japanese economy has not recovered from that. South Korea took over its place. And now China.
 
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