The New CS Board

[jumanji0881]

Japan just keeps getting deeper in debt -

My comment : Where is the breaking point ? It most certainly will occur in the next global recession. Currencies will get trashed.

November 12 - Bloomberg (Yuko Takeo): "The Bank of Japan's massive asset purchase program has taken it into uncharted territory, with its ballooning holdings now larger than the country's annual economic output. Its hoard reached a staggering 553.6 trillion yen ($4.9 trillion)…, compared with nominal gross domestic product of 552.8 trillion yen… To put the milestone into perspective: the Federal Reserve's assets are about 20% of U.S. GDP, while the European Central Bank's holdings are equal to around 40% of the euro-zone economy."