The Future Tense
Thoughts On Life, Media and the Financial Markets
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1 Quadrillion Yen = 1,000 Trillion Yen
The current size of Japan's government debt. That's $10.5 trillion in U.S. dollar terms or almost 250% the size of Japan's GDP. It is the largest ponzi scheme still running in the world today (with the U.S. government bond market just behind).
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