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Why would the sky be falling? Getting the world's largest economy to prop up your own economy is kind of the point to being an ally of the biggest economy in th
by halJordan 2mo ago
Why would the sky be falling? Getting the world's largest economy to prop up your own economy is kind of the point to being an ally of the biggest economy in the world; the Japanese and American governments being in bed together and planning the Japanese economy is not just normal, but is one of the bigger conspiracy theories persisting from the 1980s when US intervention is blamed as the reason Japan's economy stagnated in the 90s. So I don't understand why this would be a sky is falling moment.
- inigyou 2mo agoBecause then the world's largest economy suddenly needs to de-lever to afford the oil you made more expensive. The USA government will enter a debt-interest spiral if Japan sells its bonds. There will be no recovery from that besides, maybe, hyperinflation through printing away the debt.
- Supermancho 2mo ago> The USA government will enter a debt-interest spiral if Japan sells its bonds. Regardless if they sell all their bonds this second or not, the US spiral is a foregone conclusion.
- inigyou 2mo agoIf Japan sells all its bonds, it happens right now.
- actionfromafar 2mo agoYes, it has to wait until after November.