The Japan Implosion is progressing

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Jim H's picture
Jim H
Status: Diamond Member (Offline)
Joined: Jun 8 2009
Posts: 2391
The Japan Implosion is progressing

Remember:  Japan was using almost 25% of their tax revenue to service their national debt before this spike started.  They are in a debt trap and the noose is tightening.  Rapidly.    

 

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/05/20130522_JGB2.jpg

redwoods's picture
redwoods
Status: Member (Offline)
Joined: Mar 18 2013
Posts: 20
I wonder when we're going to

I wonder when we're going to see some real changes...I keep seeing stuff about 'economic collapse' and 'collapse of the dollar/pound/yen' but everything just seems to carry on 'as normal'.

I suspect if economies continue to decline the wealthiest will still continue to prosper at the expense of everyone else and most people will just accept their new hardships unaware of whats actually going on, or if they do they'll be powerless to make any fundamental changes to the corrupt power structures. 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4236
GJGB10

Japan Govt Bond Year to maturity 10 Year Simple Yield

 

GJGB10

Nervous Nelly's picture
Nervous Nelly
Status: Silver Member (Offline)
Joined: Nov 23 2011
Posts: 209
MMMMmmm ? Alert mode !

Time to shuffle things around again.  The abscess is about to blow.

 

 

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