October 30, 2012
Forget Europe: Real Debt Crisis in Japan?
Anthony Fensm, The Diplomat
Predictions of the date may differ, but the general consensus on Japan remains the same. In a matter of just three to 10 years, the world’s third-biggest economy may start running out of the savings needed to fund its massive public debt.
Is it time to start selling yen, or are the doomsayers off target concerning the world’s biggest creditor nation?