3 ms·
Do you have some more info on this, or is this just your opinion ?
by bamboozled 3y ago
Do you have some more info on this, or is this just your opinion ?
- sampa 3y agotheir debt is 230% of GDP when global crisis hits again (pretty soon, I'd say), they will have major problems for now people (carry traders) are happy to borrow yen for 0% and convert and earn 5% in USD, hence the falling yen
- resolutebat 3y agoLike the US, Japan's debt is almost entirely to itself, they can print money to get rid of it. Of course, this won't do the already weak yen any favors.
- sampa 3y agoif only printing money could solve all problems alas, but people don't like inflation
- bamboozled 3y agoJapan has been printing money forever, they have a problem with low inflation? Sorry your comment isn't really lining up with reality.
- sampa 3y agoTrees don't grow to the sky and there's no perpetuum mobile either