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Is Japan About to Collapse Economically?


Bien Pensant

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Bien Pensant
Posted (edited)

Biggest Treasury Buyer Outside U.S. Quietly Offloads Billions

(Bloomberg) - In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.

Here's Glenn Beck's take on it (I've heard of the bloke but never seen anything of his before, seems pretty lucid although Encyclopedia Langlica says he's a "conspiracy theorist" but how else can you understand current affairs these days xD) - essentially, he thinks Japan is going to collapse which will drag the US down with it:

 

For reference:

12 Countries with the highest Debt-to-GDP ratios:

Venezuela — 350%

Japan — 266%

Sudan — 259%

Greece — 206%

Lebanon — 172%

Cabo Verde — 157%

Italy — 156%

Libya — 155%

Portugal — 134%

Singapore — 131%

Bahrain — 128%

United States — 128%

See https://tradingeconomics.com/country-list/government-debt-to-gdp

Edited by Bien Pensant
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Sugarlips

If it does, it’s because it never allowed itself to unwind and heal from the last boom which blew up a staggering 32 years ago, perfect example of markets staying irrational longer than we can stay solvent.

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Axeman123

The last 12 or more years have been about every developed country turning Japanese. If Japan reaches the end of the road, it is a very significant turning point IMO. 

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Frank Hovis

I don't see any particular reason why it would go now.

More than public debt it's private debt that usually triggers a financial crisis.

 

20160312_woc996_2.png

 

And that's very similar to our own.

Private Debt to GDP in Japan is expected to reach 222.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Private Debt to GDP is projected to trend around 225.00 percent in 2022 and 227.00 percent in 2023, according to our econometric models.

https://tradingeconomics.com/japan/private-debt-to-gdp#forecast

Private Debt to GDP in the United Kingdom is expected to reach 215.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Private Debt to GDP is projected to trend around 211.00 percent in 2023 and 212.00 percent in 2024, according to our econometric models.

https://tradingeconomics.com/united-kingdom/private-debt-to-gdp#forecast

 

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Joncrete Cungle
2 hours ago, blobloblob said:

Stunned that we're not in the top 12.

Depends how the numbers are crunched. Add in all the unfunded, underfunded, off balance sheet smoke and mirrors hidden liabilities....

Off the top of my head all the Quango costs, borrowing and pension liabilities don't count in the official figures. Because its 'none governmental'

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