Thursday, January 27, 2011  Japan: Downgrading their Debt
Now let's look at their 10 year bond interest rate:       1. Who
does Japan owe all this money to?    2. Probably many of the
same groups and countries that own US debt. Here is a recent
list of top US creditors.      Hey Junkie, with regards to
Japan's dire situation, at what point does their system simply
"snap?"    3. Why is any of this a problem if Japan can simply
create their own fiat money out of thin air (or, actually, via a
computer keyboard)?      I'd have thought the real issue would
be the availablility of (human) resources due to its ageing
population.    4. Paul,      I have no idea when Japan's system
will buckle under the weight of its own debt; one thing is
different when compared to American debt, the citizens of Japan
own most of their own debt so at least interest payments on the
debt stay within Japan rather than being exported to China et
al. That factor alone may keep them afloat longer.    5. its all
a joke created