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THE “ONE QUADRILLION” JAPANESE DEBT BOMB!


The surge in Japanese long-term interest rates is likely causing some lost sleep among bond market participants and policymakers – despite their ignorance of the moves in the BoJ minutes – as Nomura’s Richard Koo notes, if this trend continues – now added to by the collapse in stock prices – it could well mark the “beginning of the end” for the Japanese economy…
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