Tag Archive | Japan
High inflation in Japan is becoming more probably as of late, as discussions emerge about the Bank of Japan monetizing government debt (Bloomberg article). I wrote about third, and last, phase of the Japanese “Debt Miracle” before (see here).
The Japanese title translates to “delaying bankruptcy”. Japan is know for its huge amount of government debt. Everyone seems to be baffled by the fact that the Japanese government is still alive, even though its debt share surpasses 200% of GDP by now.
If you have got time, read this, and this. If you haven’t, here is a short summary (please, take a seat, you might feel dizzy after reading the numbers): – European countries will issue $1 trillion debt this year alone – Japan will have to roll over $2.4 trillion of debt this year and she […]
Ich kann jedem nur empfehlen, diesen Blog eines jungen deutschen Ingenieurs, der in Japan arbeitet, zu lesen. Einige Storys sind schlicht zum ROFLn (also sehr lustisch). Hier die meiner Meinung nach lustigsten Storys: Alljährlicher Pflichtcheck im Krankenhaus Kommunikatives Chaos bei der Poststelle Kommunikatives Chaos II Schock bei der Rückkehr nach Deutschland
Japan is crazy about food. You think France is gourmet’s land? Think again. The Japanese spend the highest percentage of GDP (over 20%) on food of every developed country, including France. The diversity you get in Japan is astonishing. They don’t have everything, e.g. it’s hard to get German food like dark bread. Still, you […]
Which country has the most irresponsible government in the OECD? Greece? Portugal? USA? No, you are far off, it’s Japan. The land of the rising debt has already accumulated a $10 trillion pile of debt (that is almost as much as what the USA produces in one year of goods and services). Recently the government […]