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re: I envy Japan.
Posted on 2/16/19 at 12:13 am to Parmen
Posted on 2/16/19 at 12:13 am to Parmen
quote:
I envy Japan
Highest debt to GDP ratio in the world. Their debt is 222% larger than their GDP
For comparison, the US is at 76.5%.
Surprisingly, Russia is one of the lowest @ 10%
Eta: Facts Maps
This post was edited on 2/16/19 at 12:16 am
3
Posted on 2/16/19 at 2:11 am to 9Fiddy
quote:
Highest debt to GDP ratio in the world. Their debt is 222% larger than their GDP
Often cited; highly misleading bc japan’s risk profile here is quite low since most of the debt is owned/held domestically
Posted on 2/16/19 at 7:41 am to 9Fiddy
Yes and zero percent interest rates for 20 years.
Guess what - debt does NOT matter. Japan was the US and Global model from collapse back to prosperity.
The rich are now uber rich. And the gap between the rich and the poor is historically high with the middle class fading away.
It is the way it was always supposed to be. Right.
Just needed a little more expansion of CORRUPTION at the highest levels of government and business and NO RULE OF LAW for the rich and politicians to get things fixed …….
Guess what - debt does NOT matter. Japan was the US and Global model from collapse back to prosperity.
The rich are now uber rich. And the gap between the rich and the poor is historically high with the middle class fading away.
It is the way it was always supposed to be. Right.
Just needed a little more expansion of CORRUPTION at the highest levels of government and business and NO RULE OF LAW for the rich and politicians to get things fixed …….
Posted on 2/16/19 at 9:27 am to 9Fiddy
quote:
Surprisingly, Russia is one of the lowest @ 10%
Not surprising as few would like to be owed money by Russia? They are pretty much on a cash and carry basis.
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