Commodity Trade Mantra

Posts Tagged ‘Tokyo Deflation’

The End of the Debt Cycle

Tokyo’s debts have grown so large that 43% of tax receipts are required just to service its debt, to say nothing of the amounts needed for current and future deficits. Try living on 57% of what you earn (the rest goes to pay your creditors) while still spending more than your income. You can imagine how far you’d get if you tried this at home.

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