It is hard for me to see anything but a very bad outcome for Japan.
Thanks will read the paper
Here is my take, knowing I can be wrong
1) The Japanese interest payments are now 25% of all revenue
2) That is with interest rate average on debt of close to 0.5%
3) say just make that 2% and 100% of that makes it 100% of revenue goes to just pay interest, nothing left for anything else
4) population imploding, set to collapse and aging population, ratio of worker to retiree awful--you think we have problem?
5)no natural resources and now no nuclear plants
6)Japanese companies see this so they are buying up overseas companies to move their assets offshore
IMO this is what all the issues are related to the fighting with China over "rocks"---the natural resources are there.
This is how wars start---pretty scary scenario
IMO, if I could take a bet and willing to due it would be to short Japanese debt. Some very smart guys I know are doing just that, they know they might be early but they are sure they are right and based on analysis I have seen IMO they are
My point was only that there was more than one possible outcome. FWIW, personally I think the Japanese economy is in very serious trouble given their demographics (country imploding) and culture which prevent immigration. It is hard for me to see anything but a very bad outcome for Japan.
If your talking an AVERAGE maturity of 5 years I don't have an issue.
larryswedroe wrote:Beat the street
Definitely Japan, but I don't have to bet and I don't bet
NYBoglehead wrote:[Political and economic policy comments removed by admin LadyGeek]
Grt2bOutdoors wrote:NYBoglehead wrote:[Political and economic policy comments removed by admin LadyGeek]
Before you can have families caring for aging parents you have to address the 2 income trap, taxation issues and low wages.
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