Japan debt to gdp is at 255%. They owe the lion share to the Japanese people , but the biggest problem is the Japanese yen carry trade is gone. Most thought Europe would be the contagion, but their lockdowns on free speech and their capital controls slowed it down. The reset must happen, Trump was trying to build our manufacturing base up before it blew. Maybe they can hold it off 6 more months, I hope so for everyone's sake.
Japan debt to gdp is at 255%. They owe the lion share to the Japanese people , but the biggest problem is the Japanese yen carry trade is gone. Most thought Europe would be the contagion, but their lockdowns on free speech and their capital controls slowed it down. The reset must happen, Trump was trying to build our manufacturing base up before it blew. Maybe they can hold it off 6 more months, I hope so for everyone's sake.