#BTC
$TAO $BCH $DASH
💥🔴NOT GOOD FOR MARKET
JAPAN'S DEBT JUST HIT A RECORD HIGH OF ¥1,346.7 TRILLION
And it's happening at the worst possible time.
Recently, Japanese government debt reached a record ¥1,346.7 trillion, which is roughly ¥10.95 million in debt for every person in Japan.
At the same time, bond yields are rising, the yen remains under pressure, and more BOJ rate hikes could be coming.
This means both the interest payments and debt are going vertical for an economy whose workforce is shrinking at a record pace.
All this ends only one way, and that would be devastating for the Japanese economy.
$TAO $BCH $DASH
💥🔴NOT GOOD FOR MARKET
JAPAN'S DEBT JUST HIT A RECORD HIGH OF ¥1,346.7 TRILLION
And it's happening at the worst possible time.
Recently, Japanese government debt reached a record ¥1,346.7 trillion, which is roughly ¥10.95 million in debt for every person in Japan.
At the same time, bond yields are rising, the yen remains under pressure, and more BOJ rate hikes could be coming.
This means both the interest payments and debt are going vertical for an economy whose workforce is shrinking at a record pace.
All this ends only one way, and that would be devastating for the Japanese economy.