How the Japanese YEN is approaching new highs with over 200% debt/GDP ratio...

Discussion in 'Wall St. News' started by ASusilovic, Aug 1, 2011.

  1. [​IMG]

    Yep, that´s right USD/JPY approaching 76.31 - the low just reached after the Japanese earthquake with over 200% debt/GDP.

    :D :cool: :D
  2. 95% (or thereabouts) of that debt is held by Mr & Mrs Watanabe, which makes all the difference in the world.
  3. eyedy


    And many Japanese are willing to give up the money if the country is in financial trouble.

    In worst case, all they need is simple statement from Emperor.

    "This country needs your coorperation"

    Japanese debt problem will disappear overnight.
  4. gmst


    +1111111 Very apt observation :)
  5. gtor514


    That's what you see when you don't use the weakening of your currency as an economic gimmmick to fein growth and prosperity.