Comments on: Who would save Japan in a sovereign debt crisis? http://blogs.reuters.com/breakingviews/2011/05/27/who-would-save-japan-in-a-sovereign-debt-crisis/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: FBreughel1 http://blogs.reuters.com/breakingviews/2011/05/27/who-would-save-japan-in-a-sovereign-debt-crisis/comment-page-1/#comment-7648 Sun, 29 May 2011 13:29:46 +0000 http://blogs.reuters.com/columns/?p=6121#comment-7648 It will be the printing press.
Sorry to say, but this is not very surprising. At the average age of 50, the only question left is not IF but WHEN the great sell-off of bonds by Japanese pensioners will start. I think within two years.

The printing press will cause the Yen to fall and burdened with 225 % debt, this is actually the only fair thing for this currency to do. Many pensioners will have to pay more for their life-long awaited trip around the world. Sad, but honestly, the Japanese had the last twenty years to solve the problem and they simply didn’t succeed. This is the price.

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By: CDN_Rebel http://blogs.reuters.com/breakingviews/2011/05/27/who-would-save-japan-in-a-sovereign-debt-crisis/comment-page-1/#comment-7647 Sun, 29 May 2011 06:50:17 +0000 http://blogs.reuters.com/columns/?p=6121#comment-7647 While it’s fun to have a speculative piece in a financially slow news week, I mean MY GOD! there are enough problems in the world without looking off into what might be’s 30 years down the road. Markets can’t barely predict what will happen within a year, so let’s focus on the problem we have now rather than inject more China fear into the debate. Hell, given how much China has changed in the last 30 years, maybe given another 30 it might be a model of democracy and goodwill…?

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