Don’t overlook Japan. When it comes to global economics, Japan may be the country to watch over the next couple of years.
They are cornered! If the Bank of Japan buys their debt (money printing), the Yen will continue to devalue (slide 1: USD to Yen). If the BOJ doesn’t buy their debt, yields continue to rise (Slide 2: 30-year Japanese Government Bond) and Japan’s debt spiral accelerates. This will also result in devaluation of the Yen.
As more people realize the inevitable, that they are screwed either way, people will flee the Yen/JGB’s and it will accelerate the collapse of the currency.
#yen #Japan #bonds #inflation #learnaboutbit