Thursday, March 12, 2015

We're All Japanese Now: Full Time Liars

By "Japanese" I mean an aging society that throws its own children under the bus, and otherwise lies to itself constantly while everything goes straight down the drain



Zero Percent Forever


Debt to GDP: 225% - Highest in world history.
If by some miracle the economy ever did recover, the rise in interest rates would implode the government budget


Balance of Trade


It's 1986 all over again
Nikkei "15 year high":


The main difference between the rest of the world and Japan is the infinitely shorter time to collapse.