Japan’s Accounting Problem | Forex Factory

  • Japan’s Accounting Problem

    From project-syndicate.org

    Over the next few years, it will become obvious that the Bank of Japan (BOJ) has monetized several trillion dollars of government debt. The orthodox fear is that printing money to fund current and past fiscal deficits inevitably leads to dangerous inflation. The result in Japan probably will be a small up-tick in inflation and growth. And the financial markets' most likely reaction will be a simple yawn. Japanese government debt now stands at more than 230% of GDP, and at about 140% even after deducting holdings by various government-related entities, such as the social-security fund. This debt mountain is the ... (full story)

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Lacunoide
Mar 16, 2015 12:53pm
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Quoting peacourt
the jap yen is all too high against the euro, gbp and i see it to fall amidst the mountain of debt , economic uncertainaty in japan
Japan was already one the world's richest countries in 1990, and its per capita income has continued to grow, albeit slowly.

Its unemployment rate, now 3.6%, has been consistently below European levels.
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peacourt
Mar 16, 2015 12:08pm
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the jap yen is all too high against the euro, gbp and i see it to fall amidst the mountain of debt , economic uncertainaty in japan
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Trader#0F30
Mar 16, 2015 1:46pm
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Aging population is a big/bigger problem for the said country. Less younger population pool entering or available to enter the workforce. Who is going to service the mountain of debt??
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