Quote:
Originally Posted by tony286
And you work in finance? Japans debt was 200% of gdp and they never defaulted.
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I'm not talking about default. I"m talking about collapse. And that is a VERY long process.
Keep an eye on japan in the coming years. If they do not default, they will need to either go into VERY SEVERE "austerity" programs, or there will be hyperinflation of the yen (similar to the weimar republic).
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