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And remember: timing is everything. Japan has been obviously fked for a long, long time now, but hasn't paid much of a price for it in the bond market. Now th

And remember: timing is everything. Japan has been obviously fked for a long, long time now, but hasn't paid much of a price for it in the bond market. Now that they are going to have to finance their debt externally, maybe reality will assert itself. But maybe not. Cheers, Carson

d2viant 16y ago
You're exactly right, many people have lost a lot of money trying to bet against the Japanese debt situation. "Markets can remain irrational longer than you can remain solvent." -Keynes