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PowerShares DB Invrs Jpn GovtBd Futs ETN Message Board

  • jcparker72 jcparker72 Dec 27, 2011 2:56 PM Flag

    Japan – Land of the Rising Debt

    Like its counterparts in Europe, Japan's government tries to get its house in order not by reducing spending – apparently a completely taboo subject in Japan – but by raising taxes. This will predictably - just as it does in Europe - double the burden on the economy. Since these tax hikes are immensely unpopular in Japan, it is not necessarily likely that they will happen. Moreover, there may be no more time to take effective countermeasures against the growing debt load: the death spiral may well begin before such measures can be implemented and take effect.

    http://www.acting-man.com/?p=12710

 
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