>> Japan’s debt ratio is over 300%, and they’ve had no issues with financing their spending or capital flight. This statement is very misleading. The Bank of

>> Japan’s debt ratio is over 300%, and they’ve had no issues with financing their spending or capital flight. This statement is very misleading. The Bank of Japan holds 45% of all outstanding bonds. >> If the private market doesn’t want to purchase bonds, the central bank can do it. This is NOT sustainable. Arguing that it did not fail yesterday or last year is not evidence that it won't occur. History rhymes with itself.