Tuesday, June 22, 2010

Japanese Threat Lurking

As the sovereign debt crisis moves around the world, consuming the fiscally irresponsible, it has become investor's main focus to move themselves out of the way before the next sovereign time bomb explodes.

Bombs are currently exploding all throughout the European Union as Greece has gone bankrupt and it appears Spain is close behind. Many estimate that Portugal and Italy will follow soon after.

Where the crisis moves next is a little tougher to tell. My estimate is that it moves first to the UK, then heads to Japan, and finishes off in the United States; the largest debt bubble of all time.

The following short video discusses the crisis growing under the surface in Japan. It is interesting that citizens there can feel it coming while most of America is oblivious to the coming Armageddon.

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