gdp: Well if it is any consolation Japan is in far worse shape. Their debt to GDP is now at 234%. The Bank of Japan's balance sheet is almost at 100% of GDP. The BOJ is the largest holder of Japanese bonds AND STOCKS in the world. And Japan just had a failed Bond auction. Throw in their demographic implosion and you're looking at the first country that's going to blow up financially. Watch what happens to Japan because that's our future.
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