Japan Is The Next Greece
Japan’s public borrowings, the world’s biggest, will balloon to 245.6% of its annual economic output in 2014, up from 67.3 percent in 1984. According Takeshi Fujimaki, former adviser to billionaire investor George …Soros, Japan may default within five years. Fujimaki said, “The yen and the JGB market are in a bubble,” Fujimaki said. “With the […]
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